Íslandsbanki hf. announced that Frosti Ólafsson, who has served as board member since March 2020, has resigned from the Board of Directors of Íslandsbanki. Frosti will be assuming a position with McKinsey & Company as previously announced.

Páll Grétar Steingrímsson is joining the Board of Directors of Íslandsbanki following the resignation of Frosti Ólafsson. Páll Grétar is a Certified Public Accountant and has been an alternate member of the Board of Directors of Íslandsbanki since March 2022.