"The National Depository Center" (Closed Joint Stock Company) (NDC), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, reports that Alexander Artyukhin has been appointed the company's Director for Development and Client Relations.
Prior to joining NDC Alexander Artyukhin worked in Deutsche Bank (Russia). Since March 2005 he took various posts in the bank including Chief of a Group, Head of the Corporate Actions and Dividends Department, and Senior Client Manager. He began his career in 2002 in International Moscow Bank CJSC (now ZAO UniCredit Bank) as a Specialist of Depository and Cash Servicing Department in the Directorate of Operations in Financial Market. In 2003 Mr. Artyukhin graduated from International University in Moscow with a specialty in Finance and Credit. He holds a qualification certificate as a specialist in custody activity. Mr. Artyukhin speaks English fluently.
Mr. Artyukhin will contribute to promotion of NDC in Russian and International financial markets, to build and develop the company's relations with its clients and business partners, and to promote NDC's existing services and products and implement the new ones. Among the priority tasks of Mr. Artyukhin are implementation of new services related to multi-currency settlements on DVP transactions, "bridge" settlements and reduction of risks connected with these operations, and also development of new product range for NDC's new technological platform.
NDC also reports that in accordance with the decision of the Company's Directorship dated 1 March, 2010, Maria Ivanova, a representative of Deutsche Bank's Domestic Custody Services, joined NDC's Committee on Innovations and new Products.
About NDC:
"The National Depository Center" (Closed Joint Stock Company) is the largest settlement depository in Russia, servicing the full range of debt and equity securities of Russian issuers. NDC 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, and more than 99% of stock exchange transactions with equities and OTC trades. The international rating agency Thomas Murray has assigned NDC an АА- rating as a central depository. NDC is Russia's national numbering agency, and the substituting numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.
Among NDC’s shareholders are MICEX (50,1727% of shares), Bank of Russia (42,2997% of shares) as well as GPB (OJSC) (Gazprombank), Evrofinance Mosnarbank, “ROSBANK” (OJSC JSCB), JSC VTB Bank, Bank of Moscow, JSC «ROSSIYSKIY KREDIT BANK», Vnesheconombank, “ING BANK (EURASIA) ZAO”, CB “J.P. Morgan Bank International” (LLC), ZAO UniCredit Bank, Deutsche Bank Ltd, and Sberbank. NDC has stakes in Depository Clearing Company CJSC (37.29%) and in Settlement Depository Company CJSC (28.54%).
For further information about NDC: www.ndc.ru, or NDC Public Affairs Division: +7 495 232 0910,