The management board supervises coordination of daily operations of the University. 
The management board consists of the rector, faculty deans and the managing director of the university office. The management during the winter from 2011 to 2012 consists of the following
members:
Árún Kristín Sigurðardóttir, Dean of The School of Health Sciences
Sigurður Kristinsson, Dean of The School of Humanities and Social Sciences
Ólafur Halldórsson, Manager of the University Office
Stefán B. Sigurðsson, Rector and Chairman
Ögmundur Knútsson, Dean of The School of Business and Science
