Andrei Shlyappo Appointed NSD Vice President, Operations Director

14 February 2012
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MOSCOW - National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, announces the appointment of Andrei Shlyappo to the post of Vice President, Operations Director. In the new position Mr. Shlyappo is to manage the Department of Depository Operations, the Department of Cash Settlements, the Client Relations Department, the Clearing Department and the Service for the Provision of Non-Interruptible Business.

In 1998 Andrei Shlyappo graduated from the Moscow State Steel and Alloys Institute with a specialty in foundry production. In 1995-1998 he worked at MICEX, starting as an Economist in the Depository Services Department and rising to Head of the Operations Department in the Depository Services Division. In 1998 he headed NDC's Operations Division. In 2009 Mr. Shlyappo was appointed Deputy Director General, Operations Director of NDC; in November 2010 he headed the Department of Depository Operations at NSD, successor to NDC.

About NSD

National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX-RTS Group, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers and providing settlement services to participants in financial markets of the Russian Federation.

NSD provides storage of global certificates and depository accounting for 99% of corporate bond issues, sub-federal and municipal bond issues. It services 100% of transactions conducted in the federal bond and the Bank of Russia bond markets, more than 99% of transactions conducted in the corporate and regional bond markets, the majority of transactions with equities and also services UIT units and securities of foreign issuers.

In accordance with agreements concluded between NSD and the Bank of Russia, NSD acts as a settlement center for the organized securities market.

NSD is Russia's national numbering agency and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.


For further information about NSD: http://www.nsd.ru/, or NSD Public Affairs Division: +7 495 232 0910,

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