The owner of Félagsbústaðir, Reykjavík city, appoints the company's board of directors at a general meeting for one year at a time. The board meets at least quarterly.
The Board of Félagsbústaðir is made up of five main members and an equal number of alternate members. The board meets at least quarterly. The board is elected at the general meeting.
The City of Reykjavík's ownership policy stipulates the requirements and priorities for Félagsbústaðir and relate to organization, governance, responsibility, independence, interests, etc. According to the owner's policy, the company's board must ensure transparent, professional and efficient management of the company.
The Board of Félagsbústaðir has established operating rules based on the law on limited companies and guidelines on corporate governance.
The risk committee is appointed by the board and has three members. The risk committee performs e.g. the role of supervising the implementation of risk management and assessing the practical value of risk policy.
The City of Reykjavík's Audit Committee is also Félagsbústaðir's Audit Committee. Her role is e.g. to supervise the work process in the preparation of financial statements and the arrangement and effectiveness of internal control.
Monday - Thursday
09:00-15:00
Friday
09:00-14:00
Closed on weekends
