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David Oddsson

Iceland's Oddsson out, Norwegian consultant in

David Oddsson, the beleaguered head of the Central Bank of Iceland, was forced to step down on Friday following the passing of a new central bank act. Svein Harald Oygard, a director at McKinsey, a consultancy, will replace him as interim governor.

Icelandic governor on the defensive

David Oddsson, the chairman of the Central Bank of Iceland, has defended the institution's role in the island's economic meltdown, saying that critics had forgotten that banking supervision was transferred out of the central bank to the new Financial…

Iceland's Oddsson on the commercial banks

In the speech 'The commercial banks are more resilient' given on 25 April David Oddsson of the Central Bank of Iceland said the crucial factor behind the central bank's assessment that the financial system is now more resilient to shocks is the banks'…

Comment: Exposed currencies cause jitters

The Central Bank of Iceland raised interest rates by 75 basis points last week. The central bank is concerned over the possibility of further declines in the Icelandic krona, which has fallen 12% against the US dollar this year.

Iceland's Oddsson waives pension rights

David Oddsson, former prime minister and new governor of the Central Bank of Iceland, has declined to take up a retirement pension for his 13 years as prime minister and one year as foreign minister.

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