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Sturla Pálsson, who has served as Director of the Markets Department for the past 20 years, will be Head of the Bank’s Resolution Authority. Haukur C. Benediktsson, who has been Director of the Financial Stability Department, will be acting Director of the Markets Department, and Flóki Halldórsson, who has served as Head of the Resolution Authority, will be Acting Director of the Financial Stability Department.