▁born ▁in ▁New ▁York ▁City . ▁He ▁was ▁an ▁office ▁manager ▁in ▁the ▁Bank ▁of ▁Norway ▁from ▁ 1 9 1 8 ▁to ▁ 1 9 1 9 ▁and ▁deput y ▁chairman ▁from ▁ 1 9 1 9 ▁to ▁ 1 9 2 0 . ▁He ▁became ▁chief ▁executive ▁officer ▁of ▁the ▁bank ▁Christian ia ▁Bank ▁og ▁K red itt k asse ▁in ▁ 1 9 2 0 , ▁and ▁from ▁ 1 9 3 0 ▁he ▁cha ired ▁the ▁Norwegian ▁Bank ers ' ▁Association . ▁He ▁was ▁also ▁known ▁for ▁raising ▁his ▁god son ▁Har ald ▁D ams le th , ▁a ▁later ▁Naz i ▁artist . ▁ ▁Sand berg ▁still ▁held ▁his ▁offices ▁in ▁ 1 9 4 0 , ▁when ▁the ▁occupation ▁of ▁Norway ▁by ▁Naz i ▁Germany ▁started . ▁On ▁ 2 5 ▁September ▁ 1 9 4 0 , ▁when ▁Josef ▁Ter b oven ▁assumed ▁full ▁power ▁in ▁the ▁country , ▁Sand berg ▁was ▁named ▁as ▁Minister ▁of ▁Fin ance . ▁The ▁Norwegian ▁F asc ist ▁party ▁Nas j onal ▁Sam ling ▁had ▁some ▁influence ▁in ▁naming ▁the ▁cabinet ▁minister s , ▁but ▁Sand berg ▁was ▁one ▁of ▁the ▁non - polit ical ▁cabinet ▁members ▁( t ogether ▁with ▁Sig urd ▁Johann essen ▁and ▁ Ø yst ein ▁Rav ner ) ▁as ▁demanded ▁by ▁Reich sk omm iss ariat ▁Nor w egen . ▁Sand berg ▁was ▁persu aded ▁to ▁join ▁the ▁cabinet , ▁and ▁later ▁supported ▁in ▁daily ▁affairs , ▁by ▁Reich sk omm iss ariat ▁since ▁he