MOSCOW – "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, announced today the election by its Board of Directors of members of two committees and approval of Regulations on the Committee for Risks and Audit of the Board.
The Committee for Technological Policy and Development of NDC’s Board of Directors now includes the following persons:
| 1 | Nikolai Degtyarev, Deputy Director | Head of Department for Provision of Operations and Technologies in the Directorate for Provision of Audit of Operations in Financial Markets, Bank of Russia; Chairman of the Technical Policy Committee of the Board of Directors, MICEX Chairman of the Committee for Technological Policy and Development of NDC’s Board of Directors |
| 2 | Oleg Doyenkin | Project Director, Department of Financial Infrastructure Development, GPB (OJSC) |
| 3 | Nikolay Egorov | Senior Vice President, Member of the Management Board, MICEX |
| 4 | Igor Krasnopivtsev | Head of Treasury's Automated Systems Development Department in the Directorate of Liquidity Management, Treasury Operations Provision and Financial Markets, Sberbank |
| 5 | Dmitry Ludvik | Product Development Manager, “ING BANK (EURASIA) ZAO” |
| 6 | Andrei Medvedev | Head of Project, IT Department, ZAO UniCredit Bank |
The Committee for Risks and Audit of NDC’s Board of Directors now includes the following persons:
| 1 | Veronica Vasilyeva | Deputy General Director responsible for Operating Issues, Computershare LLC Chairman of the Committee for Risks and Audit of NDC’s Board of Directors |
| 2 | Mikhail Bratanov | Director of Depository, “ROSBANK” (OJSC JSCB) |
| 3 | Irina Glazkova | Head of Internal Audit Service, MICEX |
| 4 | Larisa Gorbachyova | Investment Unit Director, JSC VTB Bank |
| 5 | Vladislav Zimin | Economic Advisor, Market Services Department, Bank of Russia |
| 6 | Yana Postovskaya | Director of Internal Audit Department, ZAO UniCredit Bank |
| 7 | Nikolai Chemodurov | Head of Directorate for Analysis and Control of Depository Operations, GPB (OJSC) |
NDC's Board reviewed a preliminary report on NDC's budget implementation for 2009, a report on NDC's budget implementation for the first nine months of 2009 and also approved NDC's budget for 2010.
NDC's directors also considered information on negotiations regarding NDC's participation in DCC's authorized capital, approved NDC Internal Control Department's program for 2010 and discussed a number of other issues.
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) 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 Department: +7 495 232 0910, .