Frosti Sigurjónsson


Frosti Sigurjónsson is an Icelandic politician for the Progressive Party.
Frosti has an MBA from the London Business School. He was CEO of various Icelandic companies, including from 1999 to 2005 at CCP Games. In 2005 he co-founded the travel search engine Dohop where he served until 2010 as managing director and then as CEO. He was also co-founder and from 2009 to 2013 CEO of DataMarket, a company active in the field of information visualization.
Since the Icelandic parliamentary elections of April 27, 2013 Frosti has been the member of the Icelandic parliament for the constituency Reykjavík North. He is Chairman of the Parliament Committee on Economic Affairs and Trade and Member of the Committee on Foreign Affairs.
Frosti Sigurjónsson announced in 2016 that he would not to stand for re-election in Iceland.

Reform of the Icelandic monetary system

In spring 2015 Frosti Sigurjónsson was commissioned by the former Icelandic Prime Minister Sigmundur Davíð Gunnlaugsson, to find out why the financial crisis of 2008-2011 hit Iceland particularly hard. In his study Frosti concludes that the main problem lies in the creation of money on the deposit money banks. Frosti advocates monetary control by the state. This corresponds to the objectives pursued and the Association for Monetary modernization of the Swiss Hansruedi Weber.