According to the Public Relations Office of pouya Privatization Management Company, during the introduction ceremony of Farhad Zargari as the new CEO of the National Development Group, Abolfazl Najjarzadeh highlighted Zargari’s professional background, describing him as a reputable and experienced manager in the financial sector, and wished him success in his new role.
Najjarzadeh emphasized the policy of exiting business ownership, stating: “We have performed well in this area, but precise planning is necessary to ensure that released resources are directed toward enterprise-building and fixed capital formation. Government investment priorities must be identified, and with a supervisory approach, resources should be used to drive national growth and development.”
He also stressed the use of banking capacities in financing and developing new financial products, adding: “The production companies of the National Development Group must rely on Bank Melli’s strengths to expand business lines, enhance the value chain, and boost their sales.”
The CEO of Bank Melli Iran further underlined the importance of meritocracy and avoiding a purely governmental approach in managing the National Development Group, saying: “This major multidisciplinary holding must achieve greater success through teamwork, synergy, and the institutionalization of corporate governance principles.”
Farhad Zargari, the new CEO of the National Development Group, holds a PhD in Medicine and a PhD in Management with a specialization in Organizational Leadership. His previous positions include Advisor to the Minister of Economy, CEO of the Iran Foreign Investment Company, CEO of the Modern Industries Holding, CEO of Bank Melli Investment Company in the UAE, CEO of Tamin Pharmaceutical Holding, and member of the board of Iran & Egypt Bank in Cairo.
