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National Depository Center CJSC

Postal address 19 Bul Bul Avenue, Baku, Az1000, Azerbaijan Republic
Tel. + 99 412 493-50-58
Fax + 99 412 598-35-50
E-mail info@mdm.az
Web-site http://www.mdm.az

Foundation date 18 September 1997

  1. Civil Law of the Azerbaijan Republic dated 1 September, 2000;
  2. Order of the President of the Azerbaijan Republic “On national depository system”, dated 14 May, 1997;
  3. Standards of depository activities, approved by the State Committee for Securities under auspices of the President of the Azerbaijan Republic under number 109 on 15 July 2005.

Licenses

  1. License No.1 on depository activities issued by the State Committee for Securities on 15 February, 2000;
  2. License No.2 on registration activities issued by the State Committee for Securities on 15 February, 2000;
  3. License No.70 on registration activities issued by the State Committee for Securities on 16 February 2005.
Aliyev Araz Ismayil oglu
Chairman of the Executive Board


Aliyev Araz Ismayil oglu was born in 1960. In 1985 he graduated from the Azerbaijan State Economic University, the faculty of Finance and Credit. In 1995 he also graduated from the Law faculty of Baku State University. He began his labor activity in 1977. In 1978-1987 he worked in the Savings Bank of Azerbaijan Republic on the positions of senior treasurer-collector, inspector, chief inspector, deputy head of the department and manager of Khatai branc h in 1988-1992. In 1993-2000 he held the post of the head of the Securities Department and at the same time the Deputy Chairman of the Board Joint-stock Commercial Savings Bank of Azerbaijan. In 2000-2004 Mr. Aliyev held the post of head of Narimanov and Absheron branches and also the head of the Treasury Department. From 2004 he was the head of the department and the board member of OJSC “Kapital Bank” and from February 19, 2007 was appointed to the post of the Deputy Chairman of the Board, which he held till 2013. At the same time, in 2012-2013 Mr. Aliyev held the post of the director in the Center of lump-sum payment of "Soviet deposits". From 2013 till September 2014 he held the post of the member of the Supervisory Board of “Bank of Azerbaijan”. In 2014 he taught in faculty of Special Talents of the Azerbaijan State Economic University. On September 15, 2014 he was appointed the Chairman of the Executive Board of CJSC “National Depository Center”.

Doctor of Philosophy in Economics. Married.

100% state ownership: the State Committee for Securities under auspices of the President of the Azerbaijan Republic.
  1. Securities Safekeeping;
  2. Recording ownership rights on uncertificated securities;
  3. Maintenance of shareholder register;
  4. Registration of pledge;
  5. Registration of the change of securities ownership;
  6. Allocation of international securities identification numbers for securities issued in Azerbaijan.
  1. From 2004 NDC is a co-founder of the Association of Eurasian Central Securities Depositories (CSDs) and its full member;
  2. In 2008 became a full member of the Association of National Numbering Agencies (ANNA);
  3. In 2008 became a full member of the International Securities Services Association (ISSA).