NSD Appoints New Director of Risk Management Unit

16 April 2012
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MOSCOW - National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, announces that Ekaterina Maksimova has been appointed the Director of the company's Risk Management Unit. In her new position, Ms. Maksimova will be responsible for development of the company's risk management system and will be primarily focusing on implementation of the newest operational risk management methods and technologies. 

About Ekaterina Maksimova

Ekaterina Maksimova graduated from the State University of Management. She started her career in the banking industry, specializing in risk management. In 2005-2008, she worked in ZAO Citibank and Banca Intesa. In 2009-2012, Ms. Maksimova worked as a Director of the Operating Risks Department, Uniastrum Bank.

About NSD

National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX-RTS Group, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers and providing settlement services to participants in financial markets of the Russian Federation.

NSD 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, the majority of transactions with equities and also services UIT units and securities of foreign issuers.

In accordance with agreements concluded between NSD and the Bank of Russia, NSD acts as a settlement center for the organized securities market.

NSD is Russia's national numbering agency and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.

For further information about NSD: http://www.nsd.ru/ , or NSD Public Affairs Division: +7 495 232 0910,

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