According to the Public Relations Office of pouya Privatization Management Company, Abolfazl Najjarzadeh, CEO of Bank Melli Iran, emphasized the necessity of exiting business ownership as one of the bank’s top priorities, stating that all actions and executive policies have been designed to achieve this goal, and no negligence in the process of legal divestments will be acceptable.
He highlighted the centralization of subsidiary companies’ accounts within Bank Melli Iran and the enforcement of financial discipline across all sectors, stressing that this unchangeable principle is a core focus within the bank’s overarching strategies.
Reviewing recent years’ performance, the CEO noted that shares of 25 subsidiaries and affiliates of Bank Melli Iran have already been divested, demonstrating a significant shift in the bank’s direction from business ownership to modern banking.
Najjarzadeh added that through process improvements and revisions in operational methods, the pace of divestments will accelerate this year, and all subsidiaries are required to comply with the bank’s new policies.
He concluded by affirming that Bank Melli Iran, in line with government policies and through its continued strategic efforts, is determined to play an effective role in the country’s economic growth and development while maintaining its pivotal position in the financial system.
