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Halla Tomasdottir has been elected as Iceland’s seventh President and will take office on 1 August 2024, succeeding Guana Johannesson. The presidential election, held on 1 June 2024, saw Tomasdottir win with 34.3% of the votes, defeating former Prime Minister Katrin Jakobsdottir (25.2%). Iceland’s president serves a largely ceremonial role in its parliamentary democracy, with real executive power held by the Prime Minister.