[citation needed] She became Deputy Governor in 2020 after her predecessor had lost his security clearance.

[7] In November, she expressed doubts about cryptocurrency, calling it a "threat": "The prevalence and scope is currently quite modest in Norway, but we point to possible channels through which cryptocurrencies can have effects on the financial system and pose a threat to the financial system in the long run".

[8] In December 2021, she applied to become the next governor of the Norwegian central bank, with Jens Stoltenberg and her seen as the most prominent candidates for the post.

[10][11] To begin with, Bache did not get the position, but accepted to become the acting governor in the interim until Stoltenberg had finished his tenure as Secretary General of NATO.

[15] In November 2023 she asked Norwegian government to be able to invest in private equity, obtaining no formal response so far from it.