MOSCOW (RNWire) - The National Depository Center (NDC), Russia's only settlement depository servicing the full range of Russian securities, announced today that Maria Ivanova has been appointed Director for Development.
Maria Ivanova was born on 29 June, 1972 in St. Petersburg. She graduated from Leningrad State Teachers Institute with a specialty in foreign languages. She also studied at L'Ecole Communale Supйrieure de Secrйtariat, Administration et Commerce (ECSSAC) in Liege, Belgium, graduating n 1996.
Maria Ivanova began her career at Fortis Bank in Belgium, one of Europe's biggest banks. In 2001, she was promoted to the post of Bank Deposits Advisor. The same year she joined Clearstream Banking in Luxembourg as a Key Account Manager. She was responsible for the Russian market as well as those of the Baltic countries, Ukraine, Kazakhstan and Azerbaijan. Through her work with Clearstream, Ms Ivanova was able to learn well the structure of the international financial markets and Russian market’s infrastructure.
Ms Ivanova speaks English, French, German and Dutch fluently. She is married and has two children.
Maria Ivanova will be responsible for the promotion of NDC’s settlement and depository services in the international markets including in the securities markets of CIS countries, and among Russian and foreign investors. She will also be working on the structuring of NDC services aimed at the development and strengthening of the company’s competitive position globally since the structuring of these services is one of NDC’s most important strategic tasks.
About NDC:
Not-for-Profit Partnership “The National Depository Center” is the largest settlement depository in Russia, servicing the full range of equity securities of Russian issuers. It services 100% of transactions conducted in the federal bond and the Bank of Russia bond markets, more than 95% of transactions conducted in the corporate and regional bond markets, and stock exchange share transactions. NDC provides storage of global certificates and depository accounting for 99% of corporate bond issues, and 95% of sub-federal and municipal bond issues. The international rating agency Thomas Murray has assigned NDC an A+ rating as a central depository. For 2007 the value of assets in storage was more than RUR4.3 trillion. NDC is the largest paying agent on behalf of corporate bond issuers. It is Russia's national numerating agency, the substituting numerating agency for the CIS, authorized to assign the international ISIN and CFI codes. It is also a member of the international accounting infrastructure, providing settlements on the global financial markets using direct accounts at Clearstream Banking S.A. and Euroclear Bank. It also holds accounts at the Central Depository of the Republic of Kazakhstan and the NDC of the Republic of Azerbaijan.
Among NDC’s founders are MICEX and Bank of Russia (the founders’ shares in the property of NDC are 46.7% and 39.3% respectively, and in the votes 50.2% and 42.3% respectively). Members include GPB OJSC (Gazprombank), Evrofinans Mosnarbank, Rosbank, VTB Bank (Vneshtorgbank), Bank of Moscow, Rossiysky Credit Bank, Vneshekonombank, ING Bank Eurasia, JP Morgan Bank International LLC, UniCredit, Deutsche Bank, and Sberbank. The Partnership also has a stake in Depository Clearing Company CJSC (36.96 %) and in Settlement Depository Company CJSC (29%).
For further information about NDC: www.ndc.ru, or NDC Public Affaires Department: +7 495 232 0910, .