Central Bank of Iceland
Daniel Gunnar Sigurdsson has over a decade of experience in the financial sector, currently serving as a Business System Administrator at the Central Bank of Iceland since May 2012, focusing on Wallstreet Suit. Prior to this role, Daniel worked at Arion Banki from October 2008 to May 2012 in the back office, dealing with Calypso, middle office, money markets, and foreign exchange. Daniel's experience also includes a position at Kaupthing Bank from September 2007 to October 2008, where responsibilities involved back office operations and money market activities in the Calypso BO testing team. Daniel holds a Bachelor's degree in Business Administration and Management from Bifröst University (2005-2007) and has further education from Shanghai University in 2007.
This person is not in any offices
Central Bank of Iceland
The Central Bank of Iceland is an independent institution, owned by the Icelandic state. The principal objective of the Central Bank is to promote price stability. The Bank shall also promote financial stability. The Central Bank shall promote the implementation of the Government’s economic policy as long as it does not consider this inconsistent with its main objective of price stability. In addition, the Central Bank undertakes standard central banking tasks, such as maintaining external reserves and promoting an efficient and safe financial system, including payment systems domestically and with foreign countries. It is also responsible for the issue of notes and coin, exchange rate matters and other duties, as specified in the Central Bank Act. The Central Bank of Iceland shall accept deposits from commercial banks, savings banks and other deposit institutions. The Central Bank may also accept deposits from other credit institutions. The Central Bank trades in foreign currency, acts as an intermediary in foreign exchange transactions, and conducts other foreign transactions. The Prime Minister appoints the Governor and Deputy Governor of the Central Bank for a five-year term. Decisions on applying the Central Bank's monetary policy control mechanisms shall be taken by the Monetary Policy Committee. In other respects, the Bank's direction shall be in the hands of the Governor. The Central Bank is ultimately under the administration of the Prime Minister and a Supervisory Board. Parliament elects seven members to the Supervisory Board after each parliamentary election. The Central Bank of Iceland was established by an act of Parliament in 1961, although the history of central banking in Iceland is much longer. The current Central Bank Act is no. 36/2001, cf. amendments.