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Kristin Erla Johannsdottir worked as the Head of Asset Management at Landsbankinn. It is not specified when they started or ended this role. Kristin Erla then worked at Arion banki, where they served as the Head of Treasury from June 2001 to May 2014.

Kristin Erla Johannsdottir attended Háskóli Íslands from 2000 to 2003, where they earned a Bachelor of Applied Science (BASc) degree in Business.