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Investor Relations

Executive Management Board

The Chief Executive Officer is appointed by the Bank’s Board of Directors and is responsible for the day- to-day operation of the Bank pursuant to the policy and resolutions of the Board of Directors. It is also the task of the CEO to ensure that the Bank’s operations are at all times consistent with the Bank's Articles of Association and applicable legislation.

The CEO appoints the managing directors of the individual business and support divisions and the group compliance officer.

Birna Einarsdóttir

Chief Executive Officer since October 2008

In 2007 Birna accepted the position of Executive Vice President of Commercial Banking at Íslandsbanki, after serving as Managing Director of Sales and Marketing from 2004 as well as Branch Manager and Marketing Director. From 1998 to 2004, she was senior product manager at Royal Bank of Scotland. Birna has also worked as Marketing Manager for the Icelandic Broadcasting Company Stöd 2 (Channel 2) and Íslensk getspá.

Education and Tenure: Cand. Oecon. degree in business administration from the University of Iceland and an MBA degree from the University of Edinburgh.

Birna has been with Íslandsbanki and its predecessors for 17 years.

Jón Gudni Ómarsson

Chief Financial Officer since October 2011

Jón Gudni was Head of Treasury at the Bank from 2008 -2011. Jón Guðni has also held various positions within markets, where he advised customers on hedging strategies, lending activities, as well as arrangements and par ticipations of syndicated loans. Jón Gudni has also worked as an ALM consultant at SunGard in Boston.

Education and Tenure: B.Sc. degree in industrial engineering and a M.Sc. degree in quantitative and computational finance from Georgia Institute of Technology in Atlanta. A CFA char ter holder and a licenced securities broker.

Jón Gudni has been with Íslandsbanki and its predecessors for 10 years.

Sigrídur Olgeirsdóttir

Chief Operating Officer since September 2010

Sigrídur has extensive experience in the field of information technology and has held varied positions within the IT industry from 1984, e.g. Executive Director of the IT Division of Tæknival hf., the Managing Director of Ax Business Intelligence A/ S, Denmark as well as Ax Business Intelligence, Iceland.

Education and Tenure: A systems analyst from EDB skolen in Odense, Denmark, holds a diploma in business operations from the Institute of Continuing Education at the University of Iceland, as well as an MBA degree in international business management from Reykjavík University.

Sigrídur has been with Íslandsbanki for 2 years.

Stefán Sigurdsson

Managing Director of Asset Management since October 2008

Stefán was Managing Director of the Bank’s Business Development division and a manager in the Corporate Finance unit in Copenhagen from 2006. He has worked in the financial sector since 1997 and has extensive experience of capital markets, treasury, corporate finance and business development.

Education and Tenure: B.Sc. degree in economics from the University of Iceland and an M.Sc. degree in economics from the University of Copenhagen.

Stefán has been with Íslandsbanki and its predecessors for 7 years.

Sverrir Örn Thorvaldsson

Chief Risk Officer since November 2010

Sverrir Örn has worked in risk management since 2006. Prior to joining the Bank, he worked for 6 years on research, data analysis and software development at Decode Genetics. Sverrir Örn is also Adjunct Lecturer in the Faculty of Economics at the University of Iceland where he gives lectures in the master ’s programme in Financial Economics.

B.Sc. degree in mathematics from the University of Iceland and a M.Sc. degree in financial mathematics from Stanford University. A licensed securities broker and a Financial Risk Manager (FRM) cer tified by the Global Association of Risk Professionals (GARP).

Sverrir Örn has been with Íslandsbanki and its predecessors for 7 years.

Tryggvi Björn Davídsson

Managing Director of Markets since september 2011

Tryggvi Björn has broad experience of international financial markets. He has seven years experience as Director of Distressed Debt at Barclays Capital in London. Before his time at Barclays, he was an analyst in Asset Trading at Íslandsbanki- FBA, a research associate in the Central Bank of Iceland and a commercial Attaché for the Icelandic Ministry of Foreign Affairs in Paris.

Education and Tenure: B.Sc. degree in economics from the University of Iceland, an MBA degree from INSEAD in France and Singapore, and a M.Sc. degree in finance and econometrics from Université de Toulouse.

Tryggvi Björn has worked in the financial market for 13 years, thereof 5 years with Íslandsbanki and its predecessors.

Una Steinsdóttir

Managing Director of Retail Banking since October 2008

Una joined Íslandsbanki in 1991 and has a broad background from varied divisions within the Bank. Una was Managing Director of the Bank’s branch network from 2007, the Keflavík Branch Manager from 1999, and worked as a specialist in the Bank’s International Banking division, loan supervision and service management from 1991.

Education and Tenure: Cand. oecon. degree in business administration from the University of Iceland.

Una has been with Íslandsbanki and its predecessors for 22 years.

Vilhelm Már Thorsteinsson

Managing Director of Corporate Banking since October 2008

Vilhelm Már joined Íslandsbanki in 1999 and has held various positions in Capital Markets, Corporate Banking and the CEO‘s office. In 2005 he was appointed head of Strategic Growth working on the Bank‘s external growth, asset sales and various funding projects.

Eductaion and Tenure: B.Sc. degree in business administration from Reykjavík University, an MBA degree from Pace University New York, and a licensed securities broker.

Vilhelm Már has been with Íslandsbanki and its predecessors for 12 years.

Last updated on May 7 2013