Board member, Jørn Skov Nielsen, former manager of the Bureau of Minerals and Petroleum, has per August 1, 2012 been appointed permanent secretary of the Ministry of Industry and Labour. Because of this, Jørn Skov Nielsen has chosen to withdraw his position in the Board of Directors of the Bank of Greenland AS with effect from the board meeting held August 15, 2012. In consequences of this the vacant position in the Board of Directors is expected to be filled in at the forthcoming Annual General Meeting to be held on March 20, 2013.

Until then the Board of Directors of the bank will consist of 5 members elected by the Annual General Meeting and 3 members elected by the employees.