Høgni Olsen

Chairman of the Board
P/F Tryggingarfelagið LÍV

Board Member
P/F LÍV – Life and Pension Insurance Company

Other Board Positions
P/F Royndin
P/F LÍV Real Estate – Chairman
P/F Litaval – Chairman
Sp/F Frá 11. mai 1993 – Chairman

Current Position
Chief Financial Officer – The Ministry of Social Affairs

Work Experience
Accountant Leader – Atlantic Airways
Financial and Administrative Leader – Unemployment Insurance Scheme
Head of Investment Department – BankNordik
Investment and Pension Advisor – BankNordik
Business Advisor – BankNordik

Education
2018: CBS Executive: Board Work in Financial Companies – Pension & Insurance
2012: Certified Advisor in Complex Financial Instruments – Financial Supervisory Authority
2010: Cand.merc.FSM, Finance & Strategic Management – CBS
2008: HA.almen – CBS
2004: Banking Education

Hanna í Horni

Vice Chair
P/F Tryggingarfelagið LÍV

Other Board Positions
P/F LÍV Real Estate
Finance and Administration Committee in the South Pacific Regional Fisheries Management Organisation (SPRFMO)

Current Position
Ambassador of the Faroe Islands to Iceland and Greenland

Work Experience
2019-2023: Ministry of Foreign Affairs – Head of Mission to the United Nations (UN) – Human Rights Committees and Team Leader for Development Cooperation and Humanitarian Aid.
2015-2019: Ministry of Foreign Affairs – Leader of the Arctic Team, Representative of the Faroe Islands in the Arctic Council, and Head of Mission to the Faroe Islands’ SPRFMO (South Pacific Regional Fisheries Management Organisation).

2011-2015: Prime Minister’s Office – Head of Arctic Team, Faroese Representative (Senior Arctic Official) in the Arctic Council, Head of Faroese Mission in NAMMCO (North Atlantic Marine Mammal Commission) and Member of Finance Committee, Head of Faroese Office in the Hoyvík Agreement, Faroese Representative in the Advisory Committee on Arctic Affairs in the Nordic Council of Ministers, Faroese Representative in IWC (International Whaling Commission). Ministry of Foreign Affairs
2008-2011: Representative for Faroese Affairs with the EU, EFTA, and WTO. Member of the investigative committee set up by the government in 2009 to examine the conditions for the most beneficial relations between the Faroes and the EU (The Yellow Report). Faroese Mission in the EU
2007-2008: Official in education affairs and secretary.

Education
2018: CBS Executive – Board Work in Financial Companies – Pension & Insurance
2009: PhD in International Relations
2002: MA in International Relations
1999: BSc in Politics and Anthropology

Finn Danberg

Chairman of the Board
P/F LÍV Life and Pension Insurance

Other Board Positions
Sp/F Jarðir – Board Member

Current Positions
Director of Sp/F Jarðir
Director – Lyfta Sp/F
Director – Sp/F Danberg

Work Experience
Greenland Natural Institute – 1st Master

Maersk – Marine Engineer
Nema – Financial Director
Eik Bank – Assistant Director and Financial Director
Eik Bank – Head of Eik Markets
Unemployment Insurance Scheme – Financial Director
National Hospital – Financial Director

Education and Courses
2014-17: Marine Engineer, Business School
2013-14: Board Member Training for Insurance Companies
2010: Leadership Course from IMD and the Armed Forces Centre for Leadership
1989-95: Cand.merc.aud and HA from Aarhus University (Business School)

Gunnleyg Árnafjall

Vice Chair
P/F LÍV Life and Pension Insurance

Other Board Positions
P/F Royndin – Member

Current Position
Representative at the Ministry of Foreign Affairs and Trade

Kári Petersen

Board Member
P/F Tryggingarfelagið LÍV
P/F LÍV Life and Pension Insurance

Other Board Positions
P/F Royndin
P/F LÍV Real Estate

Current Position
Landsbanki Føroya

Work Experience
1990-98: Director of the Financial and Economic Department of the State
1989-90: Landsbanki Føroya
1987-89: Føroya Arbeiðarafelag
1986-87: Fossbanki

Education
2018: CBS Executive: Board Work in Financial Companies – Pension & Insurance
2000: MBA City University Business School, London
1986: Cand. Polit

Árni Arge

Board Member
P/F Tryggingarfelagið LÍV
P/F LÍV Life and Pension Insurance

Other Board Positions
P/F Royndin – Member
P/F LÍV Real Estate – Member
P/F Formula Solutions – Chairman

Current Position
CFO, Formula P/F (2008 – Present)
CEO – P/F Seiggi
CEO – P/F Oktava
CEO – Sp/F Taroa

Work Experience
CEO and Partner, Vikublaðið and the advertising company Petur & Petur P/F
CEO, Faroe Seafood P/F
Financial and Vice Director, Faroe Seafood P/F
Controller, Kraft Foods A/S, Glostrup, Denmark
CFO, Olaf Sørensen A/S, Copenhagen, Denmark
CEO, Vilhelm Nielsen P/F, car sales

Education and Courses
2018: CBS Executive: Board Work in Financial Companies – Pension & Insurance
2015: Executive MBA, Henley Business School, UK
2010: OWP, IMD Lausanne, Switzerland
1993: Cand. merc, Copenhagen Business School, Denmark
1988: HA Degree, Copenhagen Business School, Denmark

Súni Selfoss

Board Member
P/F Tryggingarfelagið LÍV

Other Board Positions
P/F LÍV Real Estate – Member
Starvsfelagið – Chairman
P/F Fakfelag – Member
Collective Insurance Fund of Starvsfelagið – Member

Current Position
Chairman of Starvsfelagið (2016 – Present)

Work Experience
Útvarp Føroya/Kringvarp Føroya (1985 – 2016) on leave
Board Member of Starvsfelagið (2000 – 2006, 2007 – Present)
Vice Chairman of Starvsfelagið (2008 – 2016)
Chairman of Starvsfelagið (2016 – Present)

Education
2018: CBS Executive: Board Work in Financial Companies – Pension & Insurance
Program Technician, Útvarp Føroya
Adult Educator, LO Skúlin in Helsingør
Conflict Mediator, Center for Conflict Resolution in Frederiksberg
Advanced Leadership Program – Glasir
Specialization in Law, University of the Faroe Islands