National Depository of Ukraine Has Updated Composition of Council of Participants in Depository System
Ринки 26.08.2026 17:28
Participants in the National Depository of Ukraine (NDU) used a ranked-choice voting system to determine the composition of the NDU’s Council of Participants in the Depository System for the next two years, and the resulting composition is identical to the current one.
According to a statement by the National Depository on its website, 18 applications were submitted for participation in the election: 9 from depository institutions and 9 from issuers, and the 14 elected council members are the same individuals as two years ago.
Representing depository institutions on the Participants’ Council are Alexander Panchenko of Univer Capital LLC, who currently chairs the council; Ninel German of PUMB; Bogdana Efremova of Raiffeisen Bank; Irina Nesterenko of Injur Capital LLC; Oksana Danilyuk from VST Bank, Alexander Storozhuk from Smart Bond.UA LLC, and Olesya Pyatchanina from Citibank.
From issuers that are not depository institutions and asset management companies acting on behalf of corporate funds, the board includes Saad Shadi Muhammad from Bakhmatsk Beet Receiving Enterprise, a private joint-stock company, Sergey Likhovid from the closed, non-diversified venture corporate investment fund (ZNVKIF) “Garant Capital,” managed by the asset management company “Trust Capital”; Sergey Biryuk from Yagotinsky Oil Plant LLC; Bogdan Lupiy from the PFTS Stock Exchange; Sergey Rumpa from PJSC “Yuzhkoks,” Oksana Zaika from JSC “DTEK Zakhidenergo,” and Svetlana Yushchenko from JSC “Chernigivgaz Gas Distribution System Operator.”It is noted that the first meeting of the newly elected body is scheduled for September 17. At that meeting, the chair of the council will be elected and the council’s future priorities will be determined.
The Participants’ Council is an advisory body established to protect and represent the interests of participants in the depository system. It consists of 14 members: seven representatives of depository institutions and seven representatives of issuers (other than depository institutions) and asset management companies acting on behalf of corporate investment funds.
Individuals nominated by participants in the depository system with whom they have an employment or contractual relationship may be elected to the Council with voting rights (one representative per legal entity). Members of other bodies of the Central Securities Depository, with the exception of the National Bank of Ukraine (NBU), may not serve on the Council.
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