Reykjavik:

Businesswoman Halla Tomasdottir was on Sunday declared the winner of Iceland’s presidential election, final results showed, beating former prime minister Katrin Jakobsdottir whom critics said was too political for the post.

Jakobsdottir conceded defeat early on Sunday and congratulated Tomasdottir, the CEO of The B Team, a global non-profit co-founded by UK business tycoon Richard Branson to promote business practices focused on humanity and the climate.

Iceland’s president holds a largely ceremonial position in the parliamentary republic, acting as a guarantor of the constitution and national unity.

He or she does however have the power to veto legislation or submit it to a referendum.

Tomasdottir, 55, won 34.3 percent of votes, ahead of 48-year-old Jakobsdottir, who garnered 25.5 percent after stepping down as prime minister of a left-right government in April to run in Saturday’s election.

Tomasdottir, who came second in an earlier bid for the presidency in 2016, received much broader support than opinion polls had suggested in the run-up to this year’s vote, spurting in the final days of the campaign after running neck-and-neck with Jakobsdottir.

Jakobsdottir conceded defeat already in the early hours of Sunday, before the last votes were counted.

“It seems to me that Halla Tomasdottir is quickly heading towards becoming the next president of Iceland. 

“I congratulate her on that and know that she will be a good president,” Jakobsdottir told national broadcaster RUV at an election night rally.

Second woman president

Tomasdottir was to make a televised address to the nation later on Sunday. During her election rally in the early hours of Sunday, she told daily Morgunbladid was “just trying to breathe”.

“I feel incredibly good. I know it’s not over until it’s over. So I’m also just trying to stay calm and breathe,” she said.

Tomasdottir is also the founder of Audur Capital, an investment firm created in 2007 aimed at promoting feminine values in the financial sector.

No one central issue dominated the campaign, where candidates traditionally run as independents without party affiliations.

In the country of 380,000 people, any citizen gathering 1,500 signatures can run for office.

While Jakobsdottir was at times seen as the favourite, political observers had suggested that her background as prime minister could weigh against her.

Among the other main candidates in the field of 13 were a political science professor, a comedian, and an Arctic and energy scholar.

Tomasdottir is set to be the second woman to serve as Iceland’s president. 

In 1980, Vigdis Finnbogadottir became the world’s first woman democratically elected as head of state.

Tomasdottir will take over the position on August 1, succeeding the hugely popular Gudni Johannesson, who has held the job since 2016.

He announced earlier this year that he would not seek re-election.

Jakobsdottir, party leader for the Left Green Movement from 2013 until her presidential bid, has been hailed for her handling of the resurgence in volcanic eruptions on the Reykjanes peninsula since December.

The five eruptions, including one last week, have sparked a series of evacuations as well as the state’s acquisition of homes from residents evacuated from the threatened fishing town of Grindavik.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Icelandic Presidential candidate Halla Tomasdottir addresses supporters after the exit polls suggested she won the race for the Presidency in Reykjavik, on June 2, 2024. Icelanders casted their ballots on June 1, 2024 in a presidential election that saw Tomasdottir defeating former Prime Minister Katrin Jakobsdottir in the poll.
| Photo Credit: AFP

Halla Tomasdottir, a businesswoman and investor, has won Iceland’s presidential election, topping a crowded field of candidates in which the top three finishers were women, the country’s national broadcast service reported.

Ms. Tomasdottir was elected to the largely ceremonial post with 34.3% of the vote, defeating former Prime Minister Katrin Jakobsdottir, with 25.2%, and Halla Hrund Logadottir, with 15.5%, RUV said on June 2.

Ms. Tomasdottir, 55, campaigned as someone who was above party politics and could help open discussions on fundamental issues such as the effect of social media on the mental health of young people, Iceland’s development as a tourist destination and the role of artificial intelligence.

She will replace President Gudni Th. Johannesson, who did not seek re-election after two four-year terms. Ms. Tomasdottir will take office on August 1.

Iceland, a Nordic island nation located in the North Atlantic, has about 384,000 people and a long tradition of electing women to high office. Vigdis Finbogadottir was the first democratically elected female President of any nation when she became Iceland’s Head of State in 1980.

The country has also seen two women serve as Prime Minister in recent years, providing stability during years of political turmoil. Johanna Sigurdardottir led the government from 2009-2013, after the global financial crisis ravaged Iceland’s economy. Ms. Jakobsdottir became Prime Minister in 2017, leading a broad coalition that ended the cycle of crises that had triggered three elections in four years. She resigned in April to run for President.

Ms. Tomasdottir first rose to prominence during the financial crisis, when she was hailed as the co-founder of Audur Capital, one of the few Icelandic investment firms that survived the upheaval. She is currently on leave as chief executive of the B Team, a non-profit organization that works to promote workplace diversity and has offices in New York and London.