New Head of Investment Management at NPC Appointed

New Head of Investment Management at NPC Appointed
(Monday, February 17, 2025) 12:08

TEHRAN (NIPNA) – The National Petrochemical Company (NPC) has appointed Hamid Reza Ajami as the new head of its Investment Management Department, according to a statement issued by the company.

In a decree signed by Hassan Abbaszadeh, Vice Minister of Petroleum and CEO of NPC, Ajami was officially appointed to lead the department, acknowledging his commitment, expertise, and valuable experience.

The decree outlines key goals for the new head of the department, including:

  • Redesigning investment management goals and missions in line with the 7th National Development Plan, as well as assessing internal and external business environments in the petrochemical industry.
  • Identifying, attracting, and advancing human capital with a focus on meritocracy.
  • Enhancing dynamic, transparent interactions with all stakeholders, including financial institutions, petrochemical holding companies, and investment markets.
  • Aligning investment strategies with the broader economic diplomacy of Iran, including using international frameworks such as the Shanghai Cooperation Organization, BRICS, and ECO.
  • Offering attractive investment packages for both domestic and international investors in the petrochemical sector.
  • Assisting investors with problem-solving in compliance with regulations and proposing legislative solutions if necessary.
  • Monitoring the progress of petrochemical investment projects and addressing challenges promptly.
  • Coordinating with the Ministry of Petroleum for investment licensing and ensuring fair distribution of opportunities.

In closing, the decree wishes Ajami continued success in his new role, emphasizing the importance of advancing the petrochemical sector’s goals and improving its value chain.

 


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