Executive Committee
Steingrimur Arnar Finnsson
CEO
Steingrimur Finnsson is the CEO of Fossar Investment Bank.
Steingrimur has an extensive experience within the financial industry. Steingrimur is a co-founder of Fossar in 2015 and was a Managing Director of Capital Markets until 2023 when he took on the role as CEO. Steingrimur was a Director within Capital Markets at Straumur Investment Bank where he was instrumental in developing the quality service offered to international investors. Between 2006 and 2011 Steingrimur worked within the Capital Markets function of Kaupthing Bank, which later became Arion bank, both on the FX & Derivatives desk and the Fixed Income desk. Before that he was an analyst in the Research Department of Kaupthing Bank.
Steingrimur holds a B.Sc. in Economics from the University of Iceland and is a certified securities broker.
Adrian Sabido
Managing Director
Capital Markets
Adrian Sabido is the Managing Director of Capital Markets.
Adrian has over 15 years experience in the financial industry. Before joining Fossar Investment Bank Adrian worked in Capital Markets at Arctica Finance from 2015 to 2018. Adrian worked at H.F. Verdbref (H.F. Securities) from 2011 to 2015 as Managing Director of Capital Markets. From 2008 to 2009 Adrian worked in Treasury at Icebank.
Adrian holds a B.Sc. degree in Business Administration and is currently working on his MCF degree in Finance from the University of Reykjavik. Adrian is a certified securities broker.
Thordur Agust Hlynsson
Managing Director
Corporate Finance
Thordur is the Managing Director of Corporate Finance at Fossar.
Thordur has over 20 years of experience as Managing Director, CFO and advisor in corporate finance and alternative investments both in Iceland and the UK. Before joining Fossar, Thordur served as CFO of the real estate developer Festir, Managing Director of GAMMA Advisory and Director of Corporate Development of the international seafood company Icelandic Group where he was responsible for M&A and group corporate strategy.
Thordur also worked as a corporate finance advisor in London from 2005 to 2012, first at Landsbanki Securities and then later as one of the founding partners of Pensum Partners Limited. He also served as Interim Managing Director of the IT company G.A. Wedderburn in Southampton.
Thordur holds a B.Sc. degree in Business Administration from Reykjavik University and an M.Sc. degree in Finance from Cass Business School in London. Thordur is a certified securities broker in Iceland and holds a certificate in corporate finance from the FCA in the UK.
Robert Ragnar Gronqvist
Managing Director
Risk management
Robert Gronqvist is the Managing Director of Risk Management at Fossar Investment Bank.
Robert has extensive experience within the finance sector. Before joining Fossar he was a director in Risk Management at Islandsbanki. Prior to that he worked at Danske Bank, where he focused on credit, market and liquidity risk. He has also worked as an interest rate options trader, as a corporate risk management advisor and in treasury asset and liability management at Landsbanki Islands. He is a adjunct lecturer at Reykjavik University, teaching courses on financial derivatives, asset valuation and financial economics.
Robert holds dual B.Sc. degrees in mathematics and economics from the University of Iceland. In addition, he has M.Sc. degree in Financial Mathematics from the University of Warwick. Robert is also a certified securities broker.
Heidrun Haraldsdottir
Managing Director
Finance and Operations
Heidrun Haraldsdottir is the Managing Director of Finance and Operations at Fossar Investment Bank.
Heidrun has over two decades of experience working within the financial industry. Before joining Fossar, she worked as an operational manager of the corporate and investment bank unit of Arion Bank. Before that, she was a data specialist in the planning and analysis division and finance and accounting of Arion Bank.
Heidrun has also worked as a specialist in the finance department of Islandsbanki, as an operation manager at Sena and Financial Manager of Her & Nu advertising agency.
Heidrun holds a B.Sc in Business and M.Sc in Finance from the University of Iceland.
Sveinbjorn Sveinbjornsson
Managing Director
Asset Management
Sveinbjorn Sveinbjornsson is the Managing Director of Asset Management.
Sveinbjorn has extensive experience in financial market.
He started at Islandsbanki in 2004 in Corporate services, from 2005 to 2009 he worked as an equity broker in Capital Markets and from 2009 in Private Banking as a relationship manager. In 2013 he became the head of Private banking and Sveinbjorn was an Executive Director of Asset Management at Islandsbanki from 2018.
Sveinbjorn holds a B.Sc. degree in Business Administration from University of Iceland and is also a certified securities broker.
Thorunn Olafsdottir
Managing Director
Head of Legal
Thorunn Olafsdottir is the Managing Director and head of Legal at Fossar Investment Bank.
Thorunn has worked for several years as an attorney specializing in corporate and tax law. As such she has gained extensive experience in the management of financial institutions. Before joining Fossar she was a partner at SKR Legal services, a law firm specializing in tax consulting. She has also worked as a senior associate in the tax and legal department of Deloitte Iceland and as a legal representative at H.F. Securities. In addition to her work as an attorney, Thorunn has been a lecturer in tax law at Reykjavik University.
Thorunn holds a master’s degree in law from the University of Reykjavik and is licensed as a district court attorney.