NDC Appoints Alexey Distler as Technical Director

02 April 2010
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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 April 1, 2010 Alexey Distler has been appointed the company's Technical Director.

In his new role Mr. Distler will be supervising operations of NDC's divisions providing functioning and support of software and technological systems in the company.

About Alexey Distler:

In 1994 Alexey Distler graduated from Moscow Electronic Engineering Institute with a specialty in engineering. Mr. Distler began his career in Delovaya Rossiya Bank as a Senior Specialist of EDI Department. Since that time he was involved in automation of depository operations in all the companies he worked for. In 1995 he joined MICEX as a Leading Economist of Depository Department. In 1998 he was appointed Chief of Department of Depository System Software Development, NDC. In 2003-2007 he was the NDC's Chief of Directorate of Depository System Software Development. In 2007-March 2010 he was responsible for a launch of new automated system in Depository Clearing Company CJSC (DCC).

About NDC:

"The National Depository Center" (Closed Joint Stock Company) is the largest settlement depository in Russia, servicing on-exchange and OTC transactions with all types 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, the majority of transactions with equities and also services UIT units and Eurobonds. 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 substitute 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) ZAO”, CB “J.P. Morgan Bank International” (LLC), ZAO UniCredit Bank, Deutsche Bank Ltd, 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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