Birkir Jóhannsson has been appointed CEO of TM, Kvika banki‘s subsidiary. Birkir will be replacing Sigurður Viðarsson as he takes up the position of deputy CEO at Kvika. Birkir has in past years worked as managing director of core operations and digital solutions at VIS Insurance and has substantial work experience within banking, payment solutions and finance.

Birkir has previously been employed at Birti Capital Partners, Valitor, Arion bank and Attorneys atHöfðabakki. Birkir holds a law degree from the University of Iceland and a master's degree in corporate finance from Reykjavik University. In addition, Birkir has completed a degree in securities trading and is licensed as a district court attorney.

Birkir will be a member of the Kvika group management board. When the changes, that Kvika banki introduced on 5 December, have been implemented the Kvika group management team will consist of Kvika banki's management board, the CEO of TM, the CEO of Kvika asset management and the CEO of Kvika Securities in London. The group management team will subsequently consist of the following members: Marinó Örn Tryggvason (CEO), Sigurður Viðarsson (deputy CEO), Lilja Jensen (General Counsel), Ólöf Jónsdóttir (Managing Director of Commercial Banking), Bjarni Eyvinds (Managing Director of Corporate Banking and Capital Markets), Eiríkur Magnús Jensson (CFO), Anna Rut Ágústsdóttir (Managing Director of Operations and Development), Thomas Skov Jensen (Managing Director of Risk Management), Hannes Frímann Hrólfsson (CEO of Kvika asset management) and Gunnar Sigurðsson (CEO of Kvika Securities in London).

Head of Compliance is Erna Heiðrún Jónsdóttir and the Internal Auditor is Ásta Leonhardsdóttir.