DCC Shareholders Elect New CEO

05 April 2012
Print version

MOSCOW – On 5 April, the extraordinary general meeting of shareholders of Closed Joint Stock Company «Depository Clearing Company» (DCC) elected Maria Krasnova the company's CEO. The appointment of Ms Krasnova to this post is to contribute to the final stage of the efficient and reliable integration of National Settlement Depository (NSD), DCC and Settlement Chamber RTS.

About Maria Krasnova 

Maria Krasnova graduated from the Lomonosov Moscow State University with a specialty in law. In January 2001, she joined National Depository Center (NDC) as a chief of Legal Department. In November 2009, Ms Krasnova was elected a member of the Executive Board of NDC. In a year she headed the Legal Department of NSD, NDC's successor. In July 2011, Ms Krasnova was appointed the company's Deputy Chairman of the Executive Board. Since September 2011, she has been responsible for a project of integration of National Settlement Depository (NSD), DCC and Settlement Chamber RTS.

It is worth reminding that on 30 March NSD's Supervisory Board approved the sale and purchase agreement concluded by NSD and OJSC MICEX-RTS for acquisition of DCC's stake.

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,

Follow us in Twitter: http://twitter.com/NSD_News  

About DCC

Depository Clearing Company (DCC) is Russia's largest settlement depository for shares. DCC provides a full range of settlement and depository services in the Russian securities market in compliance with accepted international standards.

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