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 Labour or labor may refer to: * 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

of the

, 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 * Royal (name), a list of people with either the surname or given name * 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