NDC Representatives Elected to Settlement Depository Company Board and Audit Committee

06 June 2008
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MOSCOW (RNWire) - The National Depository Center (NDC), Russia's only settlement depository servicing the full range of Russian securities, announced today that its representatives have been elected to the Board of Directors and the Audit Committee of the Settlement Depository Company CJSC.

At Settlement Depository Company's annual general meeting of shareholders held on June 6, Nikolay Egorov, Director, NDC, and Eddie Astanin, Deputy Director, NDC, were elected to the company's Board, and Zhanna Klimova, Chief Accountant, NDC, was elected to the Audit Committee.

NDC owns a 28.54% stake in the Settlement Depository Company CJSC.

Biographies:

Nikolay Egorov was appointed NDC Director on 17 December, 2004. He is a graduate of the Moscow Engineering and Physical Institute. In 1992-1996, he worked at MICEX as Head of the IT Department, Technical Director and Deputy General Director, and was responsible for the unified electronic trading depository system. Until June 1999, Mr. Egorov was Deputy Chairman of the Central Bank of Russia. He was responsible for IT, telecommunications departments, and controlled activities of the Main and Inter-Regional IT Centers, Technical Center, Center of Satellite Telecommunications. In addition, he was responsible for the Bank’s IT system development, development of data bank collection and processing of the information. In June 1999-April 2003 he was Deputy General Director for IT Issues, Aeroflot. On 29 April 2003, he was appointed First Deputy General Director, MICEX. On 14 October 2005, he was appointed Senior Vice President, Member of the Board, MICEX.

Eddie Astanin was appointed Deputy Director, NDC, on 1 January 2005. He graduated from the Military Engineering Institute specializing in ballistic engineering, and also from the Financial Academy attached to the Government of Russian Federation, with a speciality in banking. He holds a PhD in technical science.

Zhanna Klimova was appointed Chief Accountant, NDC on 14 February 2005. She graduated from the Moscow Technological Institute, with a speciality in accounting.

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