Maria Krasnova was elected president of Depository Clearing Company (DCC).
Formerly the head of legal departments at both NSD and NDC, Krasnova’s new role will involve completing the integration of NSD, DCC and RTS Settlement Chamber.
On March 30, 2012 the Supervisory Board of NSD approved the agreement on the purchase of DCC shares to be entered into by NSD and MICEX-RTS as part of the integration process between NSD, DCC and RTS Settlement Chamber.
National Settlement Depository (NSD) is the largest settlement depository in Russia, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers, and providing settlement services to participants in financial markets of the Russian Federation.
