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The CEO of Bank Melli’s Divestment Management Company wrote on his personal X account

Pazouki: We are determined to fully exit business ownership at Bank Melli

Focus on data-driven banking and transparent asset divestment; we extend a hand of cooperation to the private sector

Abbas Pazouki, CEO of Bank Melli’s Divestment Management Company, emphasized—while referring to the history of Bank Melli’s establishment—that in order to fulfill its role as the architect of Iran’s modern and digital economy, the bank must withdraw from business ownership and focus on transparent, data-driven banking.

According to the Public Relations Office of pouya Privatization Management Company, Pouya Pazouki wrote on his personal account on the social network X:

“Bank Melli Iran was founded on September 11, 1928, as a tool to reclaim monetary sovereignty from foreign powers. The exclusive right to issue banknotes was granted to Bank Melli in 1931, and the first national banknotes were issued during Nowruz 1932. Until 1960, the bank carried out most of the country’s monetary functions.”

He added:
“Today, on the 97th anniversary of Bank Melli, if we want to serve as the architect of Iran’s modern and digital economy, we have no choice but to decisively exit business ownership—in line with the directives of the Supreme Leader—carry out transparent and competitive divestment of assets, and focus on transparent, data-driven banking.”

The CEO of Bank Melli’s Divestment Management Company stressed:
“As the manager of divestments, I declare that our determination to fully and transparently divest all subsidiaries and completely withdraw from business ownership is firm, and we extend a hand of cooperation to capable and competitive private sector players.