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Landsbankinn a model of good corporate governance

Samfélagsstyrkir 2018

The Centre of Corporate Governance (CCG) has renewed its recognition of Landsbankinn as a model of corporate governance. The award is organised by the Iceland Chamber of Commerce, Nasdaq OMX Iceland, the Confederation of Icelandic Employers and the CCG at the University of Iceland.

Lilja B. Einarsdóttir, CEO of Landsbankinn, accepted the award at a conference on corporate governance, held at the University of Iceland.

The award is based on a review of the Bank’s governance practices, carried out by Deloitte ehf. The review is based on the Guidelines on Corporate Governance published by the Iceland Chamber of Commerce, the Confederation of Icelandic Employers and Nasdaq OMX Iceland. The CCG at the University of Iceland coordinates the award process.

Landsbankinn first received the award in 2014 and has been an annual recipient since. The aim of the award is first and foremost to encourage debate and actions that promote good corporate governance.