Eyjólfur assumed the office of Minister of Transport and Local Government on 21 December 2024, and became Minister of Infrastructure on 15 March 2025 when the title of the office was changed by presidential decree.

He has been a Member of Parliament for the Northwest Constituency since 2021 (People’s Party).

Eyjólfur was born in Vestmannaeyjar on 23 July 1969.

He graduated from East Aurora High School in New York State in 1988.
Matriculation exam from Menntaskólinn við Sund (MS) in 1989.
Law degree (cand.jur.) from the University of Iceland in 1998.
Studies in European Law at the Catholic University of Leuven in Belgium in 1998.
Licensed district court attorney in 1999.
Securities brokerage qualification in 2000.
LL.M. in Law from the University of Pennsylvania in Philadelphia, USA.

Representative at the District Commissioner’s Office in Hafnarfjörður 1998–2000.
Representative and district court lawyer at Sóleyjargata 17 Law Office 2000–2001.
Senior representative at the District Commissioner’s Office in Sauðárkrókur in 2001.
Legal expert at the Ministry of Finance’s personnel office 2002–2004.
Legal expert, head of the service division, and CFO at the National Planning Agency 2004–2006.
Legal expert in the lending division of the Financial Supervisory Authority 2006–2007.
Assistant prosecutor in the economic crimes division of the National Commissioner of Police 2007–2011.
Member of Reykjavík’s Child Protection Committee in 2008.
Legal expert at DNB Bank in Oslo 2011–2013.
Lawyer, founder, and co-owner of VestNord Legal in Reykjavík 2013–2015.
Legal expert at Nordea Bank in Oslo 2015–2019.
Legal expert at Isavia 2019–2020.
Independent lawyer 2020–2024.

Board member of the handball division of Víkingur 2014–2015.
Chairman of Orkan okkar (“Our Energy”) 2020–2024.