21 June 2018

Rannveig Sigurdardóttir appointed Deputy Governor

Rannveig Sigurdardóttir Deputy Governor

The Prime Minister has appointed Rannveig Sigurdardóttir to the position of Deputy Governor of the Central Bank of Iceland. Rannveig will take over from the current Deputy Governor, Arnór Sighvatsson, on 1 July.

Rannveig is an economist with fil. kand. and master’s degrees in economics from the University of Gothenburg where she also pursued doctoral studies. She has been employed by the Central Bank of Iceland since 2002, serving for the last nine years as Deputy Chief Economist and Deputy Director of the Bank’s Economics and Monetary Policy Department. Rannveig has also served as secretary of the Bank’s Monetary Policy Committee and has worked on projects relating to the Bank’s cooperation with the OECD. Before joining the Central Bank, Rannveig worked for a decade as an economist with the Federation of State and Municipal Employees (BSRB) and was Chief Economist of the Icelandic Confederation of Labour (ASÍ) from 1999-2002.

This is the first time a woman has been appointed to the senior management of the Central Bank. The appointment of Rannveig Sigurdardóttir to the position of Deputy Governor is therefore a watershed in the history of the Bank. Governor Már Guðmundsson said, “I welcome Rannveig to her position and know from my experience of her work for the Bank that she will make an important contribution in her new capacity.”

Arnór Sighvatsson has held the post of Deputy Governor of the Central Bank since 2009. In February 2009, he was appointed acting Deputy Governor for a term of six months. He was then appointed twice, first on 1 July 2009 for a term of four years and then for a term of five years. Having served two terms as Deputy Governor, he was ineligible for reappointment.

No. 11/2018
21 June 2018