Assemblies are a thermometer of the health of corporate governance and a platform for the institution’s transparency
Abbas Sayadizadeh, Deputy Director of Corporate Affairs and Assemblies of the Educators’ Reserve Fund, emphasized the importance of the role of assemblies in achieving transparency, accountability, and organizational value creation at a specialized conference on improving the processes of holding assemblies, and said: Holding assemblies is not merely a legal obligation, but also a thermometer of the health of corporate governance and a mirror of our level of discipline and accountability towards the educators who are members of the institution.
Citing the Public Relations and International Affairs of the Educators’ Reserve Fund, he pointed out the sensitivities of the Board of Directors and the CEO regarding the protection of the rights of educators and stated: I must express my special gratitude for the initiative of the esteemed CEO of the institution, Dr. Sadeghi, in holding this conference, because this event will have a significant impact on holding assemblies at the institution’s level in a precise, transparent, and timely manner.
The Deputy Director of Corporate and Assembly Affairs of the Institute also pointed out the heavy responsibility of the directors and members of the boards of directors of the subsidiary companies in protecting the capital of the country’s educators and stated: The Educational Reserve Fund is not just an economic institution; it is a pact between us and the educators to build a peaceful and secure future. Therefore, every management decision in companies must be made with a view to trustworthiness and creating sustainable value.
Sayadizadeh, appreciating the efforts of the CEOs, board members, and the auditing community, considered the role of this professional institution to be vital in accrediting the performance of companies and added: The sharp and independent view of auditors is the key to our credibility. Their reports and recommendations are a valuable source for learning and continuous improvement of management processes.
In another part of his speech, the Deputy Director of Corporate and Assembly Affairs emphasized the necessity of long-term planning and a strategic view in corporate management: We are not looking for short-term and risky profits, but our goal is to create sustainable value and strengthen the financial resilience of companies. We ask managers to consider the principles of corporate governance, professional ethics, and transparency as their red line in all decisions.
Innovation, productivity, and internal organizational coordination are indicators of companies’ success
He continued, referring to the country’s economic developments, and added: In today’s competitive conditions, only organizations that prioritize innovation, productivity, and internal coordination will be successful. Continuous, coherent, and transparent communication between companies and the institution is a prerequisite for achieving major goals and moving in a coordinated manner on the path of development.
Sayadizadeh, outlining the future vision of the activities of companies and associations, stated: The coming year will be a year of transformation, agility, and increased productivity at all levels. The Farhangian Reserve Fund Institute, backed by the trust of the educators and the support of senior management, will spare no effort to empower and guide its subsidiary companies on the path of excellence.
He concluded by emphasizing: Our ultimate success depends on teamwork, synergy, and specialization. We hope that the regular and purposeful holding of this year’s meetings will pave the way for decisions that will create new horizons of growth and transparency for the large family of the Educational Reserve Fund.