National Settlement Depository
Pavel Erykalov has a variety of work experience in the financial industry. Pavel started their career as a Junior Specialist in the Clients' Relations Department at National Settlement Depository in March 2016 and held this role until November 2016. Pavel then transitioned to the position of Product Manager in the Research and Development Department at the same company from December 2016 until April 2019. Pavel was subsequently promoted to the role of Senior Product Manager in the R&D Department and held this position until November 2021. In November 2021, Pavel was appointed as the Head of Information Products Development and Valuation Center Division at National Settlement Depository. Prior to their work at National Settlement Depository, Pavel worked as an Intern in the Wealth Management Department at Citi from June 2014 to March 2015.
Pavel Erykalov completed their education in a chronological sequence. Pavel obtained a Bachelor's degree in Financial Markets from the Finance University under the Government of the Russian Federation, starting in 2011 and finishing in 2015. Later, from 2015 to 2017, they pursued a Master's degree at the same university, majoring in International Financial Faculty. In 2013, Pavel attended ESSCA- École de Management in Paris, focusing on International Finance and International Finance & Organizational Behavior without completing a specific degree. Additionally, they acquired several certifications, including "Product Heroes Ильи Красинского" in September 2021 for accepting product and business solutions based on metrics. In June 2020, Pavel completed the "Risk Management Basics in the Bank" certification offered by Coursera. In December 2018, they obtained certification in "Marketing Innovative Products" from Coursera Course Certificates, and in September 2018, Pavel received a certificate for "Design Thinking for Innovation" from the same institution.
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National Settlement Depository
National Settlement Depository (NSD) holds the status of the central securities depository of the Russian Federation and is part of the Moscow Exchange Group. NSD was founded on 27 June 1996. NSD offers its clients a wide range of services, including settlement and depository services, OTC trade registration services (repository), collateral management services and information services. NSD settles all on-exchange and the majority of OTC transactions, and services both Russian and foreign securities as the central securities depository. As of now, NSD has accounts with central securities depositories and international central securities depositories of 9 countries, as well as correspondent accounts with a number of the largest foreign and Russian banks. NSD performs the safekeeping of securities of issuers from more than 40 countries. The international rating agency Thomas Murray has assigned NSD an AA- rating as a central securities depository. NSD was recognized by the Bank of Russia as a systemically important central securities depository, a systemically important settlement depository and a systemically important repository. NSD payment system was recognized nationally important. Holding the status of Russia's National Numbering Agency and the Substitute Numbering Agency for the CIS, NSD is authorised to assign international ISIN and CFI codes. NSD also has the status of a Local Operating Unit (LOU) allowing the company to allocate Legal Entity Identifiers (LEIs) to Russian legal entities.