The Supervisory Board oversees the management of DNB and the general operations at the public company. The Supervisory Board has a number of important powers, such as approval of the budget, the annual report and specific governing board decisions, and adoption of the annual accounts. One member of the Supervisory Board is appointed by the government. The tasks profile of the Supervisory Board is attached below as download.
The Bank Council
The Bank Council acts as the Governing Board’s sounding board. The President of DNB reports to this body on the general economic and financial developments and on the policy pursued by DNB. The Bank Council may advise the Governing Board. Two members of the Supervisory Board serve on the Bank Council, including the member appointed by the government. The Bank Council is furthermore composed of representatives of the social partners and the financial sector as well as independent experts.