Halla Tómasdóttir Elected President of Iceland
Businesswoman Halla Tómasdóttir made history on June 2 by becoming the second woman to be elected president of Iceland. Tómasdóttir clinched the presidency with 34.3% of the vote, defeating former Prime Minister Katrín Jakobsdóttir, who garnered 25.5%. Over 78% of Icelanders participated in this election, where Tómasdóttir emerged as a clear favorite for her second candidacy, having come second in the 2016 presidential election.
A Champion for Women in the Financial Sector
At 53, Tómasdóttir is not new to leadership. She founded Audur Capital in 2007, an investment company aimed at promoting female values in the financial sector. Additionally, she is the CEO of The B Team, a non-profit organization founded by British billionaire Richard Branson, focusing on respectful business practices that honor humanitarian and climate principles. Born and raised in Kópavogur, she studied business administration in Alabama and Arizona. Tómasdóttir, married and a mother of two, has demonstrated expertise in both economics and leadership throughout her career.
Iceland's Presidency: A Largely Honorary Role
In Iceland, the role of the president, although largely honorary in this parliamentary republic, is pivotal for the respect of the Constitution and national unity. The president also holds veto power over parliamentary texts and has the authority to submit them to a referendum. Tómasdóttir will take office on August 1, succeeding Guðni Thorlacius Jóhannesson, who has served since 2016. Her victory carries historical significance, drawing parallels to Vigdís Finnbogadóttir, the world's first democratically elected female head of state in 1980, who remained in power for 16 years.
- Halla Tómasdóttir's candidacy was marked by a strong public presence and considerable economic expertise. Her iconic outfit during the presidential debate, a pink jacket and a scarf tied around her neck, became a symbol of her campaign, illustrating her influence even in the fashion sector.
- Former Prime Minister Katrín Jakobsdóttir conceded defeat gracefully and expressed confidence in Tómasdóttir's future presidency. The results illustrated a significant victory for Tómasdóttir, signaling a robust support base that exceeded initial poll expectations.
