The board members of Ringkjøbing Landbobank, Inge Sandgrav Bak and Gert Asmussen have notified the bank's shareholders' committee that they resign from the committee and from the board of directors with effect from the forthcoming annual general meeting, to be held 22 February 2017. The bank's shareholders' committee will hold an election to the board of directors at a meeting of the committee on 26 April 2017. The board members also announced that Jørgen Lund Pedersen, 67, Skanderborg, must retire from the board with effect from the annual general meeting due to the provision on age in the articles of association. The bank's shareholders' committee has elected Group COO of PFA Pension, Jon Steingrim Johnsen, 48, Humlebæk to replace Jørgen Lund Pedersen as a new member of the bank's board of directors with effect from 22 February 2017.