OREANDA-NEWS. November 26, 2008. The National Depository Center (NDC), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, announced today the acceptance by its Board of Directors of a UniCredit Bank request that its representative on the Center’s Risk Management Committee be replaced.

Alexei Andreyev, Director of UniCredit’s Strategic Risks Department, was appointed, replacing Dmitry Spryskov, Director of the bank’s Asset and Liabilities Management Department.

Membership of NDC’s Risk Management Committee now is as follows:
1  Vladislav Zimin Economic Advisor, Market Services Department, Bank of Russia
Chairman of Risk Management Committee
2  Sergei Naumov Deputy Director - Controller, NDC Deputy Chairman, Risk Management Committee
3 Alexei Andreyev Director, Strategic Risks Department, UniCredit Bank
4 Alla Antipova Head of Department for Corporate Clients’ Credit Risks, Sberbank
5 Alexei Barbashov Director for Risk Management, MICEX
6 Maria Krasnova Head of Legal Division, NDC
7 Oleg Labutin Director of Financial Department, MICEX
8 Veronika Sorochkina Senior Manager of Department for Depository Services’ Organization and Development, VTB Bank
9 Tatiana Ulyanova Deputy Head of Department for Depository Services’ Organization in the Depository, Vnesheconombank
10 Nikolai Chemodurov Head of Directorate for Analysis and Audit of Depository Activities, GPB OJSC

NDC’s Board, meeting Nov. 25, reviewed the company’s financial results for January-September 2008 and termed them satisfactory. A report on implementation of NDC’s income and expenses budget and NDC’s capital investments budget for January-September 2008 was also reviewed.