Why you should listen
Halla Tomasdottir believes that women’s values are key to solving Iceland’s economic crisis. In 2007, Halla and her business partner, Kristin Petursdottir, co-founded Audur Capital to bring greater diversity, social responsibility, and “feminine values” to the ﬁnancial services industry. These values include independence, risk awareness, straight talk, emotional capital, and proﬁt with principles. And Audur’s approach appears to be working. The investment ﬁrm’s innovative offerings—such as the national green-tech investment fund they set up with pop icon and homegirl Björk—may just help save banking in Iceland.
Halla began her career in corporate America, working for heavyweights like M&M/Mars and Pepsi-Cola. Back home, she helped create a foundation and the executive education and women entrepreneurship programs at Reykjavik University. Halla later became managing director of the Iceland’s Chamber of Commerce; she left her post to start Audur. The company is named after an early Viking settler, Audur the Wise, whose moniker signiﬁes wealth, happiness, and clear space.
What others say
“Halla Tomasdottir, an Icelandic fund manager and founder of Audur Capital, a wealth management firm in Reykjavik, is certain that if women had been at the helm of Iceland’s economy and its major banks, the country would not have been brought to its knees.” — The Daily Mail, March 28, 2009