OREANDA-NEWS. September 21, 2010. MICEX Settlement House (MICEX SH) has held a meeting of its Supervisory Board. The participants of the meeting made decision on the Management Board of National Settlement Depository (NSD), the new company to be formed after the merger of MICEX SH and “The National Depository Center” (Closed Joint Stock Company) (NDC).

According to MICEX SH’s Supervisory Board’s resolution NSD‘s Management Board is to comprise four members. The participants of the meeting appointed the following persons the members of the Board: Sergey Sukhinin, Deputy Chairman of the Management Board; Ekaterina Demushkina, Deputy Chairman of the Management Board; Irina Veremeyenko, Chief Accountant.

Prior to this the Bank of Russia approved MICEX SH shareholders’ decision to appoint Eddie Astanin the Chairman of NSD‘s Management Board.

The participants of the meeting established the term of powers of the members of NSD‘s Management Board: from the date of receipt of notification of reorganization to the date of the first meeting of NSD‘s Supervisory Board to be formed by NSD‘s AGM in 2011 (both dates inclusive).