In a decision by Hassan Abbaszadeh, Vice Minister of Petroleum and CEO
of NPC, Rasti was appointed to the key role, with his appointment reflecting
his strong dedication, expertise, and valuable experience.
The decree outlines several objectives for Rasti in his new role,
including:
·
Facilitating financing
activities and offering recommendations on policies related to partnership and
divestment of petrochemical units.
·
Overseeing the financial
status of NPC’s subsidiaries listed on the stock exchange.
·
Reviewing and approving
reports on the economic and financial evaluations of petrochemical projects and
identifying liquidity needs.
·
Supervising the preparation
of proposals for the national budget to secure funding for subsidiary companies
and projects.
·
Monitoring both domestic and
foreign financial/credit contracts to ensure the financial integrity of NPC and
its subsidiaries.
·
Reviewing partnership proposals
from banks and financial institutions for petrochemical units.
·
Overseeing the issuance of
bonds to fund petrochemical projects.
·
Coordinating with subsidiary
companies on budget proposals and providing corrective recommendations to
annual general meetings.
The decree concludes by wishing Rasti continued success in his new
position, with hopes for the effective advancement of NPC’s overarching goals.