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Sverrir Hermannsson

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Adapted from the English Wikipedia article Sverrir Hermannsson, available under CC BY-SA 4.0Updated 11 August 2025
Sverrir Hermannsson
BornTemplate:Birth date
Svalbarði farm, Ögurvík, Ísafjarðardjúp, Iceland
DiedMarch 12, 2018(2018-03-12) (aged 88)
Occupation(s)Politician, businessman, banker
Years active1975–2003
Known forSpeaker of the Althing's lower chamber; Minister of Industry; Minister of Education; CEO of Landsbanki; founder and chairman of the Liberal Party

Sverrir Hermannsson (26 February 1930 – 12 March 2018) was a prominent figure in Icelandic politics, business, and banking.

Early life

Sverrir was born on the Svalbarði farm located in Ögurvík, Ísafjarðardjúp. He completed his secondary education in Akureyri in 1951 and went on to graduate with a degree in business from the University of Iceland in 1955.

Career

Initially affiliated with the Independence Party, Sverrir held the position of Speaker of the Althing's lower chamber from 1979 until 1983. He then served as Minister of Industry between 1983 and 1985, followed by his tenure as Minister of Education from 1985 to 1987. Additionally, he was a member of the Nordic Council during two periods: 1975–1983 and 1987–1988.

In 1988, Sverrir stepped down from his parliamentary role to take on the leadership of Landsbanki, where he remained as CEO until 1998. After departing from the bank, he established the Liberal Party and led it as chairman from 1998 through 2003. He made a political comeback by securing a seat in the Althing representing Reykjavík in the 1999 elections before retiring from public office in 2003.

Death

Sverrir passed away on 12 March 2018 at the age of 88.

External links