OREANDA-NEWS. May 20, 2011. National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, reports that on 18 May a meeting of its Supervisory Board was held. The members of the Board elected the new members of the commissions including the Budget Commission of the NSD Supervisory Board, the Commission for Technological Policy and Development of the NSD Supervisory Board, and the Audit Commission of NSD Supervisory Board. The participants of the meeting also considered other issues.

Now the Budget Commission of the NSD Supervisory Board includes the following persons:
1 Vadim Subbotin Vice President, Member of the Executive Board, MICEX
Chairman of NSD Supervisory Board's Budget Commission
2 Vladislav Zimin Economic Advisor, Market Services Department, Bank of Russia
3 Andrei Ponomarev Deputy Chief of Liquidity and Treasury Operations Division, Sberbank
4 Vladimir Tatsiy First Vice President, GPB (OJSC)
5 Nadezhda Ushakova Senior Vice President - Head of Depository, JSC VTB Bank
6 Tatyana Fomina Head of Financial Market Operations Division in the Banking Operations Department, ZAO UniCredit Bank

The Commission for Technological Policy and Development of the NSD Supervisory Board now includes the following persons:1 Nikolai Degtyarev Deputy Director, Head of Department for Provision of Operations and Technologies in the Directorate for Provision of Audit of Operations in Financial Markets, Bank of Russia
Chairman of NSD Supervisory Board's Commission for Technological Policy and Development
2 Ruben Vardanyan Vice President, member of the Executive Board of MICEX
3 Alexei Gerasimov Executive Director, Head of Operations Back Office, ZAO UniCredit Bank
4 Oleg Doyenkin Director of Depository Center Project, GPB (OJSC)
5 Igor Krasnopivtsev Head of Frontal Systems Research Department in the Treasury's Research Directorate, Sberbank
6 Dmitry Medvedev Senior Account Manager Product Development, ING BANK (EURASIA) ZAO

The Audit Commission of NSD Supervisory Board now includes the following persons:1 Yuri Dubin Director of Depository, Sberbank
Chairman of NSD Supervisory Board's Audit Commission
2 Mikhail Bratanov Director of Depository, ROSBANK (OJSC JSCB)
3 Maria Ivanova Head of Domestic Custody Services, Deutsche Bank Ltd.     
4 Natalia Sidorova Head Securities Services, ING BANK (EURASIA) ZAO
5 Vadim Subbotin Vice President, Member of the Executive Board, MICEX
6 Vladimir Tatsiy First Vice President, GPB (OJSC)
7 Nadezhda Ushakova Senior Vice President, Head of Depository, JSC VTB Bank
8 Alexei Fedotov Head of Securities Division, ZAO Citibank
9 Tatyana Fomina Head of Financial Market Operations Division in the Banking Operations Department, ZAO UniCredit Bank

About NSD

National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX 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.