NSA Ventures, the government owned evergreen venture fund, has hired three new people – a director of finance and two investment managers. These hires follow big changes at the fund, when Helga Valfells (then CEO), Hekla Arnardóttir and Jenný Ruth Hrafnsdóttir (investment managers), left NSA Ventures to found Crowberry Capital. Following their departure, the board hired Huld Magnúsdóttir as the new CEO of the fund, who has now built up her team.

Ólöf Vigdís Ragnarsdóttir

Ólöf Vigdís Ragnarsdóttir joins NSA Ventures as an investment manager. She graduated with a law degree in 2001 and since then added a MS degree in marketing and international business. She worked at the Icelandic Patent Office for eight years, and since 2012 she’s been at the University of Iceland as a lawyer at the science and innovation department, chairing the Intellectual Property committee and taking part in the forming of startups coming out of the University.

Örn Viðar Skúlason

Örn Viðar Skúlason also joins NSA Ventures as an investment manager. For the last nine years he’s been the CEO of Proact, a wholesale company in Iceland. Before that he was a director at the corporate banking department of SPRON bank, and held various management positions at SÍF and Icelandic Seafood.

Friðrik Friðriksson

Friðrik Friðriksson joins the fund as director of finance. He has a long history in the telecom industry, as a director at Síminn between 1997-2005, and then director and later CEO of Skjárinn, which merged into Síminn in 2015. He’s served on various borads, including as chairman of the board at CCP in 2001-2002, Matís from 2007, and recently joined the board of Vaðlaheiðargöng hf.