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Management team

The management team

Guðmundur Þ3 Guðmundur Þ3

Guðmundur Þ. Þórhallsson


Guðmundur has held the position as CEO since 2009 with a background in the fund's asset management from 1997. The CEO handles day-to-day operations, develops and implements long-term priorities in the fund's policies, and coordinates and integrates its operations.

Guðmundur has a vast experience in the financial market, is a trained business analyst with a cand. oecon degree from the University of Iceland.

Thomas Möller1 Thomas Möller1

Tómas N. Möller

General Counsel

Tómas joined LV in 2008 as General Counsel and head of LV´s legal department. The department provides legal advice to the board and the executive director as well as supporting the fund's divisions. The legal team which consist of three professionals, provides advice on governance and oversees the integration of sustainability into the business. 

Tómas is an attorney with further education in the field of management, governance, securities trading, responsible investments and sustainability in business operations. He has a financial background and has held a position at the Permanent representation to the EU in Brussel. 

Arne Arne

Arne Vagn Olsen

Chief Investment Officer

Arne Vagn joined LV in 2018 and leads the fund´s Asset management which is responsible for the day-to-day management of the fund's portfolios, incl. analysis of markets, investment options and business decisions. The team consists of eight professionals who manage the portfolio domestically and abroad along with all communication to market participants and issuers of financial instruments.

Arne Vagn has a degree in Marine industry and has an MBA from Copenhagen Business School and is a licensed securities broker. He has worked in the financial market since 1999.

Margrét Kristinsdóttir Margrét Kristinsdóttir

Margrét Kristinsdóttir

Managing director Pension

Margrét joined LV in 1995 and leads the Pension division. The division manage all member applications, pension ruling and payments, private pension, pension services and counseling in regard to the fund´s pension products. The team consists of six professionals and three physicians.  

Margrét has a master's degree in business economics from Universität Trier in Germany, as well as being a licensed securities broker.  Margrét's background lies in the field of retail, consumer services and business management. 

Magnus Helgason3a Magnus Helgason3a

Magnús Helgason

Chief Risk Officer

Joined LV 2015. Risk develops and implements the fund's risk management strategy, performs risk assessments and analyses, and is involved in the development and implementation of the fund's control system. The team consists of three professionals. 

Magnús is a trained computer scientist with a master's degree in finance and investments, as well as beeing a licensed secrurities broker. His background is within risk management in the financial sector since 2010.

Valgarður Sverrisson Valgarður Sverrisson

Valgarður I. Sverrisson

Chief Financial Officer

Joined LV in 1986. The Finance Department is responsibility for financial accounting, central processing , payments and annual accounts. The teams consists of five professionals. 

Valgarður has a master's degree in business economics (MBA) from McGill University Montreal as well as being a licensed securities broker. 

Haraldur Arason Ny2023 Haraldur Arason Ny2023

Haraldur Arason

Chief Information Officer

Joined LV in 1986. The IT department implements the fund's information system strategy, supervises IT outsourcing, handles user service and operations of computer systems. The team has seven professionals  in the capacity of programmers and software developers.  

Haraldur is a trained computer scientist from the University of Iceland and has a vast experience in software development and IT operations. 

Hildur Hörn 3 Hildur Hörn 3

Hildur Hörn Daðadóttir

Chief Operations Officer

Joined LV 2021. The fund Operations team has 26 employees in six departments managing internal and external services and efficiency: quality control, human resources, customer service, marketing, premiums payments and member loans.   

Hildur Hörn has a BS in Hotel Management from UNLV, USA and an MBA in International Management from University of Reykjavík, Iceland. Her background is in the financial sector where she has led product development, services and operations. Hildur has completed Future of Sustainable Business course University of Oxford.