NATO's former Secretary General Jens Stoltenberg is set to become Norway's next finance minister on Tuesday, the country's finance ministry confirmed to CNBC.

OSLO, Norway (AP) — Former NATO Secretary-General Jens Stoltenberg said Tuesday that he is returning to government in his native Norway as finance minister. Stoltenberg led NATO from 2014, until he handed over to current Secretary-General Mark Rutte at the beginning of October. Before leading NATO, Stoltenberg was Norway’s prime minister.

Former NATO Secretary General Jens Stoltenberg became Norway's new finance minister on Tuesday as part of a cabinet reshuffle, taking up the post as the Nordic country eyes the impact of a potential transatlantic trade war.

Former NATO chief Jens Stoltenberg was named Norway’s new finance minister on Tuesday as part of a cabinet reshuffle, stepping into the role at a time when the Nordic nation is concerned about the pot

Stoltenberg will replace the outgoing finance minister Trygve Slagsvold Vedum, from the Center Party. Before becoming NATO chief, Stoltenberg served twice as Norway’s prime minister, 2000-2001 and 2005-2013. He also held the finance minister position in the 1990s.

Former NATO Secretary General Jens Stoltenberg was set to become Norway's new finance minister on Tuesday as part of a cabinet reshuffle, broadcaster NRK and Norwegian newspapers reported, citing anonymous sources.