OREANDA-NEWS.  February 15, 2012. National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, announces the appointment of Andrei Shlyappo to the post of Vice President, Operations Director. In the new position Mr. Shlyappo is to manage the Department of Depository Operations, the Department of Cash Settlements, the Client Relations Department, the Clearing Department and the Service for the Provision of Non-Interruptible Business.

In 1998 Andrei Shlyappo graduated from the Moscow State Steel and Alloys Institute with a specialty in foundry production. In 1995-1998 he worked at MICEX, starting as an Economist in the Depository Services Department and rising to Head of the Operations Department in the Depository Services Division. In 1998 he headed NDC's Operations Division. In 2009 Mr. Shlyappo was appointed Deputy Director General, Operations Director of NDC; in November 2010 he headed the Department of Depository Operations at NSD, successor to NDC.