Businesswoman and Investor Won Iceland’s Presidential Election

On June 2nd, 2024, Halla Tomasdottir, a businesswoman and investor, has won Iceland’s presidential election.

Key Points

She will take office on August 1, 2024.
She will replace President Gudni Th. Johannesson, who did not seek re-election after two four-year terms.
Vigdis Finnbogadottir was the first democratically elected female president of any nation when she became Iceland’s head of state in 1980.
Iceland’s president holds a largely ceremonial position in the parliamentary republic, acting as a guarantor of the constitution and national unity.
He or she, however, has the power to veto legislation or submit it to a referendum.