Knut Getz Wold (3 August 1915 – 9 October 1987) was a
Norwegian
Norwegian, Norwayan, or Norsk may refer to:
*Something of, from, or related to Norway, a country in northwestern Europe
* Norwegians, both a nation and an ethnic group native to Norway
* Demographics of Norway
*The Norwegian language, including ...
economist and civil servant, who served as the
governor
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political ...
of the
Central Bank of Norway
Norges Bank / Noregs Bank is the central bank of Norway. The bank shall promote economic stability in Norway. Norges Bank also manages the Government Pension Fund of Norway and the bank’s own foreign exchange reserves.
History
The history of ...
from 1970 to 1985.
He was born in
Verdal
Verdal is a municipality in Trøndelag county, Norway. It is part of the Innherad region. The administrative centre of the municipality is the town of Verdalsøra. Some villages in the municipality include Forbregd/Lein, Lysthaugen, Stiklest ...
in
Nord-Trøndelag, as a son of district physician Trygve Wold (1879–1939) and Anna Ella Getz (1893–1960). He graduated from the
University of Oslo
The University of Oslo ( no, Universitetet i Oslo; la, Universitas Osloensis) is a public research university located in Oslo, Norway. It is the highest ranked and oldest university in Norway. It is consistently ranked among the top universit ...
with
cand.oecon.
Candidatus oeconomices (male) or Candidata oeconomices (female), often abbreviated cand.oecon. is an academic degree in economics at Education in Denmark, Danish, Háskóli Íslands, Icelandic and Higher education in Norway, Norwegian universities ...
degree in 1939.
As a young man he became a member of the
Norwegian Association for Women's Rights
The Norwegian Association for Women's Rights ( no, italic=no, Norsk Kvinnesaksforening; NKF) is Norway's oldest and preeminent women's and girls' rights organization and works "to promote gender equality and all women's and girls' human rights thr ...
. He lost his brother Torolf during the
Norwegian Campaign on 4 May 1940.
He started working with research at the university, and studied further at
Stockholm College in 1940. In 1941 he started working for the
Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance.
Lists of current ministries of finance
Named "Ministry"
* Ministry of Finance (Afghanistan)
* Ministry of Finance and Ec ...
-in-exile in the United Kingdom. From July 1947 to March 1948 he served as a
State Secretary in the
Ministry of Social Affairs
A Ministry of Social Affairs or Department of Social Affairs is the common name for a government department found in states where the government is divided into ministries or departments. While there is some variation in the responsibilities of ...
. Wold represented the
Liberal Party
The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left.
__TOC__ Active liberal parties
This is a li ...
, and
Gerhardsen's Second Cabinet
Gerhardsen's Second Cabinet governed Norway between 5 November 1945 and 19 November 1951. The Labour Party (Ap) cabinet was led by Einar Gerhardsen.
In May 1948, Gerhardsen told Jens Chr Hauge, that he was considering resigning.Njølstad p.352 ...
in which he was appointed was a
Labour
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* Childbirth, the delivery of a baby
* Labour (human activity), or work
** Manual labour, physical work
** Wage labour, a socioeconomic relationship between a worker and an employer
** Organized labour and the labour ...
cabinet.
This discrepancy is very uncommon in Norwegian history.
In 1948 he returned to the civil servant role when he became deputy under-secretary of state in the Ministry of Trade.[ In his diaries he described the Ministry of Trade as "not ..a ministry, but a ]Brain Trust
Brain trust was a term that originally described a group of close advisers to a political candidate or incumbent; these were often academics who were prized for their expertise in particular fields. The term is most associated with the group of ad ...
of young economists". He remained there until 1958, when former Minister of Trade Erik Brofoss
Erik Brofoss (21 June 1908 – 7 May 1979) was a Norwegian economist and politician for the Labour Party.
Brofoss was born in Kongsberg. In his younger days he was an athlete who competed national level in the 100 metres. He represented Kongsber ...
, who now had become governor
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political ...
of the Central Bank of Norway
Norges Bank / Noregs Bank is the central bank of Norway. The bank shall promote economic stability in Norway. Norges Bank also manages the Government Pension Fund of Norway and the bank’s own foreign exchange reserves.
History
The history of ...
, appointed Wold as deputy governor. Wold was the unquestionable successor as governor when Brofoss withdrew in 1970.[ In 1985, the year of his seventieth birthday, Wold stepped down and was succeeded by ]Hermod Skånland
Hermod Skånland (15 June 1925 – 16 April 2011) was a Norwegian economist and civil servant, who served as the Governor of the Central Bank of Norway from 1985 to 1993.
Biography
Skånland was born in Tromsø as a son of school director Peder ...
.
Wold was also a consultant for the Norwegian Nobel Committee
The Norwegian Nobel Committee ( no, Den norske Nobelkomité) selects the recipients of the Nobel Peace Prize each year on behalf of Swedish industrialist Alfred Nobel's estate, based on instructions of Nobel's will.
Five members are appointed by ...
from 1946 to 1958, financial commentator in Norwegian Broadcasting Corporation
NRK, an abbreviation of the Norwegian ''Norsk Rikskringkasting AS'', generally expressed in English as the Norwegian Broadcasting Corporation, is the Norwegian government-owned radio and television public broadcasting company, and the largest ...
radio from 1948 to 1970, chairman of Statsøkonomisk Forening from 1963 to 1968, board chairman of ''Dagbladet
''Dagbladet'' (lit.: ''The Daily Magazine'') is one of Norway's largest newspapers and is published in the tabloid format. It has 1,400,000 daily readers on mobile, web and paper. Traditionally ''Dagbladet'' is considered the main liberal newsp ...
'' from 1970 to 1974 and board member of Alcan Aluminium
Rio Tinto Alcan is a subsidiary of Rio Tinto (corporation), Rio Tinto, based in Montreal. It was created on 15 November 2007 as the result of the merger between Rio Tinto's Canadian subsidiary and Canadian company Alcan.
It is the global leader ...
from 1967 to 1971. He was appointed a Commander of the Royal Norwegian Order of St. Olav
Royal may refer to:
People
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* A member of a royal family
Places United States
* Royal, Arkansas, an unincorporated community
* Royal, Illinois, a village
* Royal, Iowa, a ci ...
in 1975, a Commander of the Danish Order of the Dannebrog
The Order of the Dannebrog ( da, Dannebrogordenen) is a Danish order of chivalry instituted in 1671 by Christian V. Until 1808, membership in the order was limited to fifty members of noble or royal rank, who formed a single class known a ...
and a Grand Knight of the Icelandic Order of the Falcon
The Order of the Falcon ( is, Hin íslenska fálkaorða) is the only order of chivalry in Iceland, founded by King Christian X of Denmark and Iceland on 3 July 1921. The award is awarded for merit for Iceland and humanity and has five degrees. N ...
. He died in October 1987 in Oslo.[
]
References
{{DEFAULTSORT:Wold, Knut Getz
1915 births
1987 deaths
Norwegian civil servants
University of Oslo alumni
Norwegian expatriates in Sweden
Norwegian expatriates in the United Kingdom
Governors of the Central Bank of Norway
Liberal Party (Norway) politicians
Norwegian state secretaries
NRK people
Norwegian diarists
Grand Knights of the Order of the Falcon
People from Verdal
Commanders of the Order of the Dannebrog
20th-century Norwegian writers
20th-century Norwegian economists
Norwegian Association for Women's Rights people
20th-century diarists