Lilja Björk Einarsdóttir, a 43 year engineer, has been hired as the new CEO of Landsbankinn. Lilja will assume the position on 15 March.
Helga Björk Eiríksdóttir, Chairman of the Board of Directors: "The Board of Directors is pleased to welcome Lilja to Landsbankinn. We believe her experience and knowledge will be very useful to the Bank. Landsbankinn's position is strong and it has highly capable employees. Financial undertakings currently face many challenges in their operating environment and competition is tough. Lilja is a strong leader whom we trust to direct Landsbankinn to improve even further its operation and performance. The Bank's strategy is clear. Landsbankinn is a financial partner to its customers, it operates in harmony with its environment and aims to be exemplary.
Lilja completed a degree in mechanical and industrial engineering from the University of Iceland in 1998 and an M.Sc. in financial engineering from the University of Michigan, Ann Arbor, in 2003.
Lilja is an independent advisor and director. In 2008 to 2016, Lilja directed the operation, asset management and recovery of the assets of old Landsbanki Íslands, LBI ehf., in London. In 2005 to 2008, she worked as an analyst and later managing director at Landsbanki Íslands hf. in London, responsible for the daily operation and development of support functions, amongst other things. Lilja previously worked for consulting firm Marsh & McLennan from 2003 to 2005 for such clients as the Ford Motor Company, as an expert in planning and creating risk models for the insurance and treasury departments.
Lilja Björk Einarsdóttir: "I look forward to joining Landsbankinn, to getting to know the Bank's employees, its customers and partners. I will build on the good work done in recent years. I am optimistic about Landsbankinn's future and intend to do my part to ensure that the Bank continues to provide customers with convenient service in an efficient manner."
Lilja is married to Dr. Júlíus Atlason, PhD in engineering, with whom she has three children.
The position of CEO of Landsbankinn was advertised on 10 December 2016 and 43 applications were received. Consulting firm Capacent managed the hiring process.
For further information contact:
Rúnar Pálmason, Public Relations, pr@landsbankinn.is, tel: +354 410 6263 / 899 3745
Hanna Kristín Thoroddsen, Investor Relations, ir@landsbankinn.is, tel: +354 4107310