Board of Directors
Þorsteinn Pálsson, chairman of the board (1947)
Þorsteinn Pálsson graduated with a law degree from the University of Iceland in 1974. Mr. Pálsson was the editor in chief for Fréttablaðið 2006-2009. From 2003 to 2005 he was the ambassador for Iceland in Denmark and in England from 1999 to 2002. He was elected to Alþingi (the parliament) in 1983. He was the chairman for Sjálfstæðisflokkur (Independence Party) from 1983 to 1991, Minister of Finance from 1985 to 1987 and Prime Minister from 1987 to 1988. From 1991 to 1999 he was Minister of Fishing as well as Ministry of Justice.
Skúli Mogensen (1968)
Skúli Mogensen is owner and CEO of Títan Investments, founded in October 2009. Titan Investment´s goal is to invest and participate in the resurrection of the Icelandic economy. Titan has already invested 2 billion ISK in Iceland, mainly in information technology and innovation and now in MP bank. Carbon Recycling International, Securitas, Thor DataCenter, CAOZ, Tindar Verðbréf and DataMarket are among Títan´s investments in Iceland. Títan´s investment strategy is to be an active long term investor achieving success through combined interests of shareholders, employees, customers and society. Mr. Mogensen lived in Canada 2002-2010 managing OZ until it was acquired by Nokia in 2008. Mr. Mogensen has co-founded and invested in various enterprises such as OZ, Íslandssími and Arctic Ventures. Mr. Mogensen is also a member of the board of iPerceptions and Redline Communiations in Canada.
Vilmundur Jósefsson (1949)
Vilmundur Jósefsson graduated from the University of Iceland with a degree in business in 1975. Mr. Jósefsson is the owner and executive manager for Gæðafæði ehf. Since 2009 he has been the chairman of the Confederation of Iceland Employers. He was the vice chairman of the Confederation of Iceland Employers from 2006 and has been a board member since 2002. Mr. Jósefsson has been on the board for The Federation of Icelandic Industries since 1994 and was the chairman of the board from 2000 to 2006.
Hanna Katrín Friðriksson (1964)
Hanna Katrín Friðriksson graduated from the University of Iceland with a BA degree in Economics and Philosophy, and later received a MBA degree from the University of California. Ms. Friðriksson is head of business development in pharmaceuticals for Icepharma. She has been a lecturer at Reykjavik University and Bifröst University from 2007. Ms. Friðriksson was a political advisor to the Minister of Health from 2007 to 2009, head of communications for Eimskip from 2005 to 2007, and executive manager for Reykjavik University from 2003 to 2005. She has also been a board member of numerous companies and been on several committees in the field of health and education.
Mario Espinosa
Mario Espinosa is a lawyer and managing director of Tavistock Group. Tavistock Group is an investment company owned by Joe Lewis. Among Tavistock Group assets are 175 companies in 15 countries in diverse sectors, for example hotel and restaurants, leisure, real estate, financial, production, distribution, sport and energy. Offices of Tavistock Group are in Argentina, Bahamas, China, EU countries, Mexico and USA.
Reserve Board of Directors
- Baldur Oddur Baldursson, managing director of Títan Investments
- Guðlaug Kristinsdóttir, managing director of Stekkur Investments
- Inga Björg Hjaltadóttir, lawyer
- Guðmundur Pálmason, managing director of Strax
- Michael Wright, lawyer