NSD Announces Results of Its Supervisory Board Meeting

17 June 2020
Print version

On 16 June 2020, a meeting of the Supervisory Board of National Settlement Depository, Russia’s central securities depository, was held.

The Supervisory Board made the following resolution:

Relieve Eddie Astanin from his duty as the Chairman of NSD’s Executive Board on 17 June 2020 (the last employment day) due to his election as Chairman of the Executive Board of CCP NCC;

Appoint Maria Krasnova, Deputy Chairman of NSD’s Executive Board, as acting Chairman of NSD’s Executive Board (temporary sole executive body of the central securities depository) from 18 June 2020;

Grant all powers of NSD’s sole executive body (Chairman of NSD’s Executive Board) to Maria Krasnova as acting Chairman of NSD’s Executive Board in compliance with NSD’s Articles of Association, including the powers to perform the responsibilities of Chairman of NSD’s collegial executive body (NSD’s Executive Board);

Approve the size of NSD’s Executive Board as five persons starting 18 June 2020.

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