National Depository of Ukraine to be headed by foreigner

The contest committee, consisting of representatives of National Securities and Stock Market Commission (NSSMC), the National Bank of Ukraine and international financial institutions, has recommended Mindaugas Bakas, former CEO at Central Securities Depository of Lithuania, as head of the National Depository of Ukraine, the press service of NSSMC reported.

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"The contest committee has recommended the supervisory board to approve Mindaugas Bakas head of the National Depository of Ukraine," the press service said.

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