Vestjysk Bank and Aarhus Lokalbank contemplate to merge with Vestjysk Bank A/S., upon completion of the merger, Carsten Andersen, chairman of the board of directors of Aarhus Lokalbank, will be proposed elected as member of the board of directors of the continuing bank with the intention of subsequent election as chairman of the board of directors of the continuing bank. Vagn Thorsager, chief executive officer in Aarhus Lokalbank, will upon completion of the merger become part of the executive management of Vestjysk Bank. The executive management board of Vestjysk Bank will accordingly consist of chief executive officer Frank Kristensen and general manager, Vagn Thorsager.