April 7, 2017 / 8:48 AM / 6 months ago

Norway's wealth fund CEO says next year will use voting power on executive pay

FILE PHOTO: Yngve Slyngstad, CEO of Norges Bank Investment Management, poses for a portrait at his office in London June 25, 2014. REUTERS/Neil Hall

OSLO (Reuters) - Norway’s $915 billion wealth fund, the world’s largest, said it would this year engage in a dialogue with the close to 9,000 companies it invests in about executive pay, before using its voting power next year, its CEO said on Friday.

“We will engage in a dialogue this voting season. Next year we will use our voting power,” Yngve Slyngstad told reporters.

Reporting by Gwladys Fouche, editing by Terje Solsvik

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