SWIFT, a global provider of financial messaging services, has elected Eddie Astanin, Chairman of the Executive Board of National Settlement Depository (NSD), to its Board of Directors, according to a Moscow Exchange (MOEX) statement.
The National Settlement Depository (NSD) is Russia’s central securities depository – in particular, the election of Mr. Astanin is the first time that a candidate from Russia has joined SWIFT’s international Board.
The appointment was made possible after the ROSSWIFT Association endorsed Mr. Astanin as their candidate for the Board, on behalf of a multitude of Russian financial institutions that utilize SWIFT’s services.
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Overall, SWIFT’s Board of Directors now includes a robust membership of 25 members across countries maintaining the highest SWIFT message traffic. In his new role on the Board of Directors, Mr. Astanin will help direct the strategic management of the group as well as overseeing SWIFT’s Executive Committee, which is responsible for day-to-day management.
Earlier this month, SWIFT unveiled its newest Latin American (LATAM) regional headquarters office in Miami, along with the appointment of Jairo Namur as its head.