NDC Announces New Management Appointments

01 December 2009
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“The National Depository Center” (Closed Joint Stock Company) (NDC), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, announces that on 1 December Alexander Syomin has been appointed NDC Deputy Director General – Director for Technologies, and Andrei Shlyappo has been appointed NDC Deputy Director General – Director for Operations.

Alexander Syomin was born on 1 July, 1958 in Moscow. In 1979 he graduated from the "Plekhanov Russian Academy of Economics" in Moscow with a specialty in Economics. He has a PhD in Economics. From 1997-1999 he worked as Deputy Director for Technologies, NDC. In 1999 he joined NIKoil Investment Banking Group as Chief of the Products and Services Development Department. In 2000 he ran a project for the Development Group of DCC. From 2000-2003 he was Deputy Director for Development, NDC. From 2003-2005 he was an Advisor to the Depository Operations Directorate, JSC VTB Bank. In 2005 he joined NDC as Advisor to the Director General on Infrastructural Issues. He is married and has three children.

Andrei Shlyappo was born on 12 September, 1968 in Ivatsevichi. In 1998 he graduated from the State Technological University "Moscow Institute of Steel and Alloys" with a specialty in foundry production. From 1995-1998 he worked at MICEX, starting from Economist in the Depository Services Department and rising to Head of the Operating Department in the same directorate. Since 1998 he has headed NDC's Operating Directorate. He is married and has two children.

About NDC:

“The National Depository Center” (Closed Joint Stock Company) is the largest settlement depository in Russia, servicing the full range of debt and equity securities of Russian issuers. NDC 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, and more than 99% of stock exchange transactions with equities and OTC trades. The international rating agency Thomas Murray has assigned NDC an АА- rating as a central depository. NDC is Russia's national numbering agency, and the substituting numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.

Among NDC’s shareholders are MICEX (50,1727% of shares), Bank of Russia (42,2997% of shares) as well as GPB (OJSC) (Gazprombank), Evrofinance Mosnarbank, ROSBANK (OJSC JSCB), JSC VTB Bank, Bank of Moscow, JSC Rossiyskiy Kredit Bank, Vnesheconombank, ING Bank (Eurasia) CJSC, JP Morgan Bank International LLC, CJSC UniCredit Bank, Deutsche Bank, and Sberbank. NDC has stakes in Depository Clearing Company CJSC (37.29%) and in Settlement Depository Company CJSC (28.54%).


For further information about NDC: www.ndc.ru, or NDC Public Affairs Division: +7 495 232 0910,

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