Eddie Astanin, chairman of the executive board of national settlement depository (NSD), Russia’s central securities depository, has been elected by Russian financial institutions as a candidate for the board of directors of the international SWIFT system.
The board of directors of SWIFT includes 25 members representing countries with the biggest SWIFT message traffic.
The board is elected for a three-year term at the annual general meeting (AGM) of SWIFT participants. The AGM will be held 11 June, in La Hulpe, Belgium.
The functions of the board of directors include strategic management and the oversight of the SWIFT executive committee, which is responsible for day-to-day management.
Matthieu de Heering, head of Russia CIS and Mongolia at SWIFT, commented: ?"I am delighted that the Russian SWIFT community has selected a respected leader in the financial markets, and representative of a strong SWIFT supporter, in Astanin, who will now go through the SWIFT board and SWIFT AGM approval procedure."?
