Deutsche Bank is pleased to announce that Maria Ivanova, Head of Direct Securities Services, Deutsche Bank Russia (DSS Russia) was appointed as a member of the Board of the National Securities Market Association (NSMA) and as a member of the Supervisory Board of the National Settlement Depository (NSD).
The NSMA is a trade association of professional market participants operating in the Russian securities market on a self-regulatory basis. The association is an associate member and represents the Russian participants of securities market in the International Capital Market Association (ICMA) and in the European Financial Markets Federation.
The NSD, a part of MICEX Group, is the largest settlement depositary in Russia, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers. The Supervisory Board of the NSD is the supreme management body of the company that is in charge for taking major decisions affecting the company in between the AGMs.
Joerg Bongartz, Chairman of the Board of Deutsche Bank Ltd. said: “We are glad with the elections of a Deutsche Bank manager to the principal entities for securities market participants. Through the appointment of Maria Ivanova to the the Board of the NSMA and to the Supervisory Board of the NSD, Direct Securities Services of Deutsche Bank in Russia re-affirms its commitment to engaging actively in the development of the Russian market infrastructure in order to more clearly and successfully guide clients through complicacies of the Russian securities market.”
Deutsche Bank Russia is top rated from leading, cross border and domestic clients by 2010 Global Custodian Agent Bank Review
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About Deutsche Bank
Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.
Deutsche Bank Ltd. (Deutsche Bank Russia) was established in April 1998. The Bank is a wholly-owned subsidiary of Deutsche Bank AG. Deutsche Bank has become one of the largest foreign banks in Russia. Deutsche Bank Russia provides local and international, corporate and private clients with a broad range of financial services, comprising corporate finance and advisory, sales, trading, transaction banking as well as private wealth management and asset management services. The bank includes the largest Russian and multinational companies among its client base.