An election for members of the IACN's board takes place at the annual meeting and members are elected for a period of one year. The board consists of five members and five alternatives. The board is appointed as following:

1) One representative from the University of Akureyri and its cooperative institutions;
2) Three representatives from other public institutions;
3) One representative of private parties and others that do not fit categories 1 or 2.

Current Board members:

Fridrik Jonsson

Senior Arctic Official for Iceland.
Director of Arctic Affairs

Brynhildur Davíðsdóttir

Professor, University of Iceland.
Representative of public institutions

Ásthildur Sturludóttir

Mayor of Akureyri

Eyjólfur Guðmundsson

Rector, University of Akureyri

Katrín Björg Ríkarðsdóttir

Director, Directorate of Equality

Þorsteinn Gunnarsson

Head of Division, Rannís.
Representative of public institutions