The Management Board supervises the coordination of the daily operations of the University. The Management Board is composed of the Rector, Deans of Schools, the Managing Director of the University Office, the Director of Quality Management and the Director of Finance.
- Eyjólfur Guðmundsson, Rector, Chair
- Anna Ólafsdóttir, Interim Dean of School of Humanities and Social Sciences
- Eydís Kristín Sveinbjarnardóttir, Dean of School of Health Sciences
- Rannveig Björnsdóttir, Interim Dean of School of Business and Science
- Hólmar Svansson, Managing Director
- Sigrún Magnúsdóttir, Director of Quality Management
- Harpa Halldórsdóttir, Director of Finance