Gildi’s Board of Directors is the senior management of the fund. The Audit and Risk Committee monitors risk management and the effectiveness of controls. Within Gildi, there is also a committee on Board members’ wages.
The fund’s Board of Directors has eight members. Four are elected on behalf of fund members, and four are nominated by the Confederation of Icelandic Employers. The term of office is two years, and half of the seats for Board members and alternates are voted for annually. The Board is in charge of the fund and must discuss all major decisions regarding Gildi’s strategy and operations.
| Principals: | |
|---|---|
| Nominated by SA 2025 | |
| Elected at the 2025 Annual General Meeting | |
| Nominated by SA 2024 | |
| Nominated by SA 2025 | |
| Elected at the 2024 Annual General Meeting | |
| Elected at the 2024 Annual General Meeting | |
| Elected at the 2025 Annual General Meeting | |
| Nominated by SA 2024 |
| Alternates: | |
|---|---|
| Nominated by SA 2025 | |
| Elected at the Annual General Meeting 2025 | |
| Nominated by SA 2024 | |
| Elected at the Annual General Meeting 2025 |
Gildi’s Board of Directors appoints a three-member Audit and Risk Committee that acts on its behalf and under its responsibility. The Audit and Risk Committee monitors the fund’s risk management and risk control and the effectiveness of internal control and auditing. It must ensure compliance with laws and regulations, submit a proposal for an external auditor, and assess his independence.
Committee Members:
Within Gildi, there is a four-member committee on Board members’ wages, whose task is to prepare and submit a proposal to the Annual General Meeting on Board members’ wages for the coming year.
| Committee Members: | |
|---|---|
| Jón Kristinn Sverrisson | |
| Björgvin Jón Bjarnason | |
| Heimir V. Pálmason | |
| Þórir Jóhannesson |