The director is Hulda Ragnheiður Árnadóttir.

The chairman of the board is Sigurður Kári Kristjánsson.

Five individuals shall appoint the board, three of whom shall be elected by the Althingi, one chosen by the insurance companies that collect premiums and the Minister of Finance and Economic Affairs shall appoint a chairman.

The term of the Board of Directors is four years and the current Board of Directors shall begin its term of office from 1 July 2023 to 30 June 2027.