The Bank’s operations are divided into six divisions. Income-generating divisions are three, Personal Banking, Corporate Banking and Markets. Support units are Risk Management, Finance and IT. Other resource units are Internal Audit, Compliance, and the CEO's Office.
The Board of Directors consists of 7 regular members and 2 alternates who are elected at the Annual General Meeting for a term of one year.
Current members are: Helga Björk Eiríksdóttir, Chairman, Magnús Pétursson, Vice-chairman, Berglind Svavarsdóttir, Einar Þór Bjarnason, Hersir Sigurgeirsson, Sigríður Benediktsdóttir. Samúel Guðmundsson is an alternate.
Lilja Björk Einarsdóttir, the CEO of Landsbankinn, along with the managing directors of the divisions comprise the Bank's Executive Board. The managing directors are (in alphabetical order): Arinbjörn Ólafsson (Information Technology) Árni Þór Þorbjörnsson (Corporate Banking), Helgi T. Helgason (Personal Banking), Hrefna Ösp Sigfinnsdóttir (Markets), Hreiðar Bjarnason (Finance) and Perla Ösp Ásgeirsdóttir (Risk Management).
Subsidiaries are companies in which Landsbankinn’s holdings exceed 50%. Affiliates are companies in which Landsbankinn has made a long-term investment and in which it owns a considerable share, although no more than 50%.
The Bank is owned by the National Treasury of Iceland with a 98.2% shareholding. Other shareholders own 1.8% of shares in the Bank.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg. No. 471008-0280
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