The project gives all companies the chance to take part in an official assessment of the conduct of its leadership and directors. The commendation is based on a good governance appraisal that applies directives developed by the Icelandic Chamber of Commerce, SA Confederation of Icelandic Enterprise and Nasdaq Iceland. The commendation is meant to facilitate conversations and measures that encourage good governance.

 

Anna Sif Jónsdóttir, Kvika Bank’s internal auditor, accepted the commendation last August 21. Kvika Bank received its first good governance commendation in 2018. The commendation holds valid for three years. The commendation is presented by Stjórnvísi, The Icelandic Chamber of Commerce, SA Confederation of Icelandic Enterprise and Nasdaq Iceland.