The board is elected at the General Meeting which is held every other year. The board is comprised of 37 individuals and the boards Chairman who is elected separately. Thus, in total their are 38 representatives of member companies that have access to the Chambers board meetings.
Board meetings are held on the first Monday of every month, except July and August. Various matters concerning the business community are addressed at board meetings in addition to general policy matters of the Chamber. Representatives of every member are eligible for board membership and the multitude of votes is based on the each member membership fee.
The Chamber´s management board lays down its policy and supervises the Chambers operations and offices. Matters that the Chamber addresses are in most cases debated on within the management board, which comprises of the Chairman of the board and six other members of the board which the board elects in its first meeting after the General Meeting.
Ari Fenger was elected chairman of the board 13th of February 2020 for the next two years.
The Board was elected on the 13th of February 2020 for the next two years.
The executive board sets the course for Iceland Chamber of Commerce and overseas it's daily operation. The executive board consist of the chairman of the board among six elected representatives from the board.
The Iceland Chamber of Commerce is a non-governmental organization based on voluntary participation by companies and individuals conducting business in Iceland. Everyone who engages in business, be it small or large in scale, are capable of becoming members of the Chamber. The Chamber is therefore a platform for these parties to participate in any type and form of work aimed at reforming and improving their business environment and enhancing prosperity.