Ali Sadeghi became the caretaker of the holding

In a meeting attended by the senior managers of the Teachers’ Reserve Fund Institute, while appreciating the efforts of Javad Zarepour in Petrofarhang Holding, Ali Sadeghi, the CEO of the institute, retaining his position and until the election of a new CEO, took over the caretaking of this holding. The CEO of the Teachers’ Reserve Fund Institute, pointing to the institute’s macro strategy of “active asset management and sustainable value creation for teachers,” stated: “The development path of Petrofarhang Holding in the area of profitability, progress of macro projects, and productivity enhancement will be seriously pursued within the framework of the transformational policies of the institute.” Sadeghi emphasized accelerating the exploitation of strategic projects and announced that Sabalan 2 Petrochemical, as one of the important projects of the Teachers’ Reserve Fund, is ready for commissioning and will soon enter the production circuit; a project that will play an important role in increasing profitability and strengthening the economic foundation of the institute. Petrofarhang Holding is the investment arm of the Teachers’ Reserve Fund in the fields of gas, petrochemicals, and energy, and this management change has taken place in line with maintaining cohesion, accelerating decision-making, and continuing the growth and development path of Petrofarhang Holding. In this meeting, Zarepour also, while thanking the efforts of Petrofarhang colleagues at all levels of the holding and subsidiary companies, said: “I thank the benevolent cooperation of the CEO of the Teachers’ Reserve Fund, the Board of Trustees, and the Board of Directors.”