Central Banking

Iceland splits financial stability and payments department

benediktsdottir
Sigríður Benediktsdóttir

The Central Bank of Iceland has appointed a director to oversee the newly formed financial stability department.

Sigríður Benediktsdóttir was last Wednesday announced as the head of the department that was created after the joint financial stability and payments unit was split into two separate entities.

The two departments were formed as part of a plan to improve the functioning of both important areas for the central bank. The former assistant director of the old joint group, Guðmundur

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