Executive Board

The Chief Executive Officer (CEO) is responsible for the day-to-day operations of the Bank, pursuant to set policies and resolutions of the Board. Moreover, it is the task of the CEO to ensure that the Bank’s operations are consistent at all times with applicable legislation and the Bank’s Articles of Association.

The CEO appoints Executive Board members, other management committee members and the Bank’s Compliance Officer.

The Executive Board, comprising seven members, manages daily activities of the Bank according to the strategy set out by the Board.

Birna Einarsdóttir

Chief Executive Officer since October 2008

Birna became Executive Vice President of Commercial Banking at Íslandsbanki in 2007, having previously served as Managing Director of Sales and Marketing, Branch Manager and Marketing Director at the Bank. From 1998 - 2004, she was Senior Product Manager at the Royal Bank of Scotland. Birna has also worked as Marketing Manager for the Icelandic Broadcasting Company Stöd 2 (Channel 2) and Íslensk getspá.

Birna holds a 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 22 years.

Jón Gudni Ómarsson

Chief Financial Officer since October 2011

Jón Gudni was Head of Treasury at the Bank from 2008 -2011. He has had various other roles within the Bank and its predecessors, including advising customers on hedging strategies and leading arrangements and participations in syndicated loans. He also worked as an ALM consultant at SunGard in Boston.

Jon Gudni holds a B.Sc. degree in Industrial Engineering and an M.Sc. degree in Quantitative and Computational Finance (QCF) from Georgia Institute of Technology in Atlanta. Jón Guðni is a Chartered Financial Analyst (CFA) and a security broker licensed by the Icelandic Ministry of Finance and Economic Affairs.

Jón Gudni has been with Íslandsbanki and its predecessors for 14 years.

Sigríður Hrefna Hrafnkelsdóttir

Managing director of Personal Banking since May 2017

Sigrídur Hrefna worked as managing director of retail for Olíuverzlun Íslands hf. from September 2014. Before that she worked for Arion Bank, Sparisjóðabanka Íslands, Atlas Ejendomme A/S and LEX Law Offices. Sigrídur Hrefna has also served on the boards of various companies.

Sigrídur Hrefna holds a Cand.Jur. degree from the University of Iceland, is a district court attorney and holds an MBA degree from Copenhagen Business School.

Sigrídur Hrefna has been with Íslandsbanki since May 2017.

Sigrídur Olgeirsdóttir

Chief Operating Officer since September 2010

Sigrídur has wide-ranging experience in the field of information technology and has held various positions within the IT industry from 1984, including serving as Executive Director of the IT Division of Tæknival hf. and Managing Director of Ax Business Intelligence A/ S, Denmark and Ax Business Intelligence, Iceland. 

Sigridur is a systems analyst from EDB skolen in Odense, Denmark. She holds a diploma in Business Operations from the Institute of Continuing Education at the University of Iceland, and an MBA degree in International Business Management from Reykjavík University.

Sigrídur has been with Íslandsbanki for six years.

Sverrir Örn Thorvaldsson

Chief Risk Officer since November 2010

Sverrir has worked in risk management since 2006. Prior to joining the Bank, he worked for six years on research, data analysis and software development at Decode Genetics.

Sverrir holds a BS degree in Mathematics from the University of Iceland, an MS degree in Financial Mathematics and a PhD in Mathematics, both from Stanford University. He is a securities broker licensed by the Icelandic Ministry of Finance and Economic Affairs and a Financial Risk Manager (FRM) certified by the Global Association of Risk Professionals (GARP). He is currently a member of GARP’s FRM committee.

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

Una Steinsdóttir

Managing Director of Business Banking since May 2017

Una joined Íslandsbanki in 1991 and has a broad background from varied divisions within the Bank. Una was Managing Director of Retail Banking from October 2008 until May 2017, Managing Director of the Bank’s branch network from 2007 - 2008, and Keflavík Branch Manager from 1999. Prior to that she held various positions in the Bank’s International Banking division, loan supervision and service management. 

Una holds a Cand. Oecon. degree in Business Administration from the University of Iceland and has completed an AMP management programme from IESE, Barcelona.

Una has been with Íslandsbanki and its predecessors for 26 years.

Vilhelm Már Thorsteinsson

Managing Director of Corporate and Investment Banking since May 2017

Vilhelm Már first joined Íslandsbanki in 1999 and has held various positions in Capital Markets, Corporate Banking and the CEO‘s office. He was Managing Director of Corporate Banking from October 2008 until May 2017. Prior to that he was appointed head of Strategic Growth focusing first on the Bank‘s external growth and then on asset sales and various funding projects.

Vilhelm Már holds a B.Sc. degree in Business Administration from Reykjavík University, an MBA degree from Pace University New York and is a securities broker licensed by the Icelandic Ministry of Finance and Economic Affairs.

Vilhelm Már has been with Íslandsbanki and its predecessors for 17 years.

Last updated 29 May 2017

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