Every four years the Ministry of Culture, Innovation and Higher Education appoints a five-member board to oversee the Árni Magnússon Institute for Icelandic Studies. Three directors are nominated by the University Council of the University of Iceland, while two are appointed directly by the Ministry, one of whom acts as chairperson.
The Institute’s current Board of Directors:
- Illugi Gunnarsson, chairperson, former member of the Icelandic parliament Althingi
- Sigrún Magnúsdóttir, vice-chair, former Minister
- Guðrún Þórhallsdóttir, associate professor
- Torfi Tulinius, professor
- Guðrún Dröfn Whitehead, professor