OREANDA-NEWS. October 14, 2008. The Board of Directors of the National Depository Center (NDC), Russia's only settlement depository servicing the full range of Russian securities, has approved the following members of the company’s Committee on Innovations, Technologies and Products:
1 Maria Ivanova Director for Development, NDC Committee Chairman
2 Tatiana Chepeleva Project Director, OTKRITIE Brokerage house JSC Deputy Chairman
3 Pavel Burov Deputy Chief of Treasury, GPB (OJSC)
4 Valery Golovanov Director of Corporate Debt Financing Department, "NOMOS- BANK" (Open Joint-Stock Company)
5 Polina Goloschapova Head of Operations Department, Bank Credit Suisse (Moscow) CJSC
6 Anna Kuznetsova Deputy General Director, MICEX Stock Exchange
7 Igor Marich Vice President, MICEX
8 Elena Tchaikovskaya Head of Department for Financial Market Regulation and Development, Bank of Russia.

At the same meeting, held Oct. 10, NDC’s Board approved the preparation of materials related to NDC’s reorganization from not-for-profit partnership to joint stock company by the Working Group for Reorganization. The working group recommended the closed joint stock company form as NDC’s future legal status. The Board of Directors delegated NDC management to continue to discuss the model of reorganization for the company with NDC’s founders and partners until 14 November.

NDC’s Board considered a financial report on NDC’s operations for 1H 2008, a report by the Internal Control Department for 2Q 2008, information on NDC’s competitive position and a report on NDC’s charitable activities for 1H 2008 and other issues.