The National Depository Center (NDC), Russia's only settlement depository servicing the full range of Russian securities, announced today the results of a general meeting of NDC members. The meeting, held Oct. 27, elected a Board of Directors which includes the following nine members:
|1||Sergei Lykov||Member of the Managing Board, Deputy Chairman, Vnesheconombank|
Chairman of the Board of Directors, NDC
|2||Veronika Vasilyeva||Director, Depository Services Department, UniCredit Bank CJSC|
|3||Nikolay Egorov||Director, NDC|
|4||Bella Zlatkis||Deputy Chairman of the Managing Board, Sberbank|
|5||Alexander Ikonnikov||General Director, Managing Partner, Board Solutions CJSC, Chairman of the Supervisory Board, Independent Directors Association|
|6||Konstantin Korischenko||President, MICEX|
|7||Vadim Subbotin||Vice President, Member of the Managing Board, MICEX|
|8||Vladimir Tatsiy||First Vice President, Head of Depository Center, GPB (OJSC)|
|9||Galina Shubina||Deputy Head of Depository, VTB Bank OJSC|
Biography:Sergei Lykov is a Member of the Managing Board, Deputy Chairman, Vnesheconombank. He has a PhD in Economics.
Mr. Lykov graduated from Moscow Financial Institute in 1975. In 1975-1991 he worked at the Bank of Russia holding a number of posts from Economist to the Deputy Head of the Main Foreign Currency Economic Directorate. From 1991-1994 he was First Deputy General Director, First Deputy Chairman of the Managing Board, North-European Financial Company CJSC (Evrofinans). In 1994 Mr. Lykov joined Mosbusinessbank OJSC as Vice President, Director of Foreign Exchange Operations and International Settlements Department. In 1996-2005 he worked for Eurofinans-Mosnarbank as Deputy Chairman of the Managing Board - Member of the Managing Board and Senior Vice President. From 2005-2007 Mr. Lykov joined Vnesheconombank as a Deputy Chairman. In June 2007 Mr. Lykov was also elected a member of the Board of Vnesheconombank. Currently he is also Chairman of the Board of Directors, MICEX, and is a member of the Board of Director of the following companies:, MICEX Stock Exchange, Roseximbank CJSC, Evrofinans-Mosnarbank, Malev CJSC, and Deputy Chairman of the Supervisory Board of Belvnesheconombank OJSC. Since July 2007 Mr. Lykov has been Chairman of the Board of Directors, NDC.
Not-for-Profit Partnership “The National Depository Center” 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 founders are MICEX and Bank of Russia (the founders’ shares in the property of NDC are 46.67% and 39.35% respectively, and in the votes 50.16% 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 stakes in Depository Clearing Company CJSC (37.29%), in Settlement Depository Company CJSC (28.54%) and in Bank "National Clearing Centre" CJSC (0.27%).
For further information about NDC: www.ndc.ru or NDC Public Affairs Department: +7 495 232 0910, .