Már Gudmundsson is Deputy Head of the Monetary and Economic Department at the Bank for International Settlements (BIS) and a member of the bank’s senior management.

After graduating from the University of Cambridge, Mr. Gudmundsson started his career in 1980 as an economist at the Central Bank of Iceland, where he later became Chief Economist (1994-2004). From 1988-1991 he was Chief Economic Adviser to Iceland's Minister of Finance.

Mr. Gudmundsson has also been a member of various governmental committees, including those on central bank legislation, pension reform and energy.

Mr. Gudmundsson has conducted extensive research on exchange-rate regimes, monetary and financial stability and pensions. He has published several articles in books and journals and has been a member of various editorial boards in Iceland and the United Kingdom.