Arion Bank is a model company in terms of good corporate governance

The Center for Corporate Governance at the University of Iceland recently recognized Arion Bank as a model company in terms of good corporate governance. The Icelandic Chamber of Commerce, the Confederation of Icelandic Employers, Nasdaq OMX Iceland hf. and the Center for Corporate Governance at the University of Iceland are responsible for granting this recognition. According to the Center for Corporate Governance, KPMG's survey of corporate governance at Arion Bank hf, conducted in September 2015, gives a clear picture of corporate governance at the company and indicates that the company could in many ways be an example to other companies in terms of good corporate governance.

Höskuldur H. Ólafsson:

“We have placed great importance on sound corporate governance at Arion Bank and this recognition confirms that we are doing well in this regard. We are proud to have been recognized in this way by the Center for Corporate Governance.”