Mads Elvenes

Fund Operations Director


Responsible for ICP Asset Management’s fund operations and technology

Mads was previously the Head of Tax and Investment Control at Norges Bank Investment Management (NBIM), the €1.2 trillion Norwegian sovereign wealth fund, where he most recently led a team delivering operational support across all asset classes.

In this capacity he was responsible for the fund controller function of NBIM’s holding platform for real estate and renewable infrastructure investments. Prior to this Mads led the team responsible for tax compliance on behalf of NBIM’s public investment activity.

Before joining NBIM, Mads worked in DNB Markets’ Securities Services department.

Mads holds a Bachelor of Economics and Business from BI Norwegian Business School and a Master of International Finance from SKEMA Business School.

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