Central Securities Depository Of IRAN

Bagher Taherianfar joined Central Securities Depository of Iran (CSDI) as Chairman of the Board of Directors in November 2022. Teherianfar used to chair CSDI Board of Directors back in 2011, too. In 2006, he was appointed as the head of the Directorate of the Securities and Exchange Organization of Iran .

Later in 2013, he was assigned to serve as the Legal Deputy of the then SEO president, Ali SalehAbadi.

Membership in the BoD of SEO Information Dissemination and Services Co., Samat Samaneh and several specialized committees at SEO such as Regulations Compilation Committee are among Taherianfar's executive experience.

It is worth mentioning that in 2018, he was elected as a substitute member at the Iranian Association of Islamic Finance (IAIF) .

Taherianfar enjoys a strong educational and research background that includes being a full-time higher education lecturer, compiling and amending a comprehensive book on the securities market rules and regulations and writing various scholarly articles.

Bagher Taherianfar holds a Ph.D. in Private Law from Science and Research University.

Mohsen Rahmati has been a member of the Board of Directors at Central Securities Depository of Iran since mid-November 2021. He represents the Development of Management and Stock Market Education Company on CSDI's BoD.

Among his managerial roles is the membership in BoD of Iran FaraBourse, Saba Tamin Co ., Karizma, and the executive committee of Setareh Bartar Venture Capital Fund. He also has a record of membership in CSDI's BoD some years ago.

Mohsen Rahmati holds a MA degree in Financial Management from the University of Tehran .

Dr. Mohammad Baghestani has been the CEO of Central Securities Depository of Iran since mid-November 2021. He also represents the Securities and Exchange Organization (SEO) on CSDI's Board of Directors.

Membership in the BoD of Karafarin Bank Brokerage, Pardis Investment Company, and working as the CEO of Tadbirgaran Farda Brokerage Firm are among Dr. Baghestani's executive experience.

Dr. Baghestani holds a Master's degree from Imam Sadiq University and a Ph.D. in Financial Management from Islamic Azad University.

Reza Nouhi Hefzabad joined Central Securities Depository of Iran as Deputy CEO in Financial and Administrative Affairs in November 2022.

He first joined the capital market as Expert in Financial Institutions Affairs at the Securities and Exchange Organization of Iran back in 2011. Later in 2020, he was appointed as the head of the SEO's Investment Funds Department. One year later, he was named the Director of Supervision on SEO's Financial Institutions Affairs Department.

Handling and supervising on all financial and administrative affairs as well as those related to the Operations and Legal departments are among Nouhi's major responsibilities.

Membership in the Management Risk Committee governing corporate affairs, Settlement Guarantee Fund in the securities market as well the CSDI Premises Committee are among the executive affairs he sees into. Nouhi is also one of the members of the Lawyers Center for official experts and advisors of the Judiciary.

Nouhi enjoys a strong educational background that includes lecturing on basic and specialized courses on investment funds at Iran Financial Center.

Reza Nouhi Hefzabad holds a Master's degree from Iran's Kharazmi University.

Afsaneh Orouji has been appointed to serve on the board of directors of Central Securities Depository of Iran. She is the first woman to be elected to the board at CSDI representing Melli Bank of Iran Company on CSDI's Board of Directors.

Afsaneh Orouji brings more than 10 years of experience to CSDI. She is currently the deputy CEO at Iran Cultural Heritage and Tourism Investment Group . She also served as deputy CEO and manager of Market Operations and Surveillance at Iran FaraBourse.

Earlier, Orouji was a main member of the Committee for Investigating Violations at the Securities and Exchange Organization of Iran. Among her other responsibilities we can name her role as the main member of the Conciliation Committee at Securities and Exchange Brokers Association.

Orouji was also a manager of «Supervision on Companies» department at National Development Investment Group.

Afsaneh Orouji enjoys a master's degree in accounting.

Reza Nouhi Hefzabad joined Central Securities Depository of Iran as Deputy CEO in Financial and Administrative Affairs in November 2022.

He first joined the capital market as Expert in Financial Institutions Affairs at the Securities and Exchange Organization of Iran back in 2011. Later in 2020, he was appointed as the head of the SEO's Investment Funds Department. One year later, he was named the Director of Supervision on SEO's Financial Institutions Affairs Department.

Handling and supervising on all financial and administrative affairs as well as those related to the Operations and Legal departments are among Nouhi's major responsibilities.

Membership in the Management Risk Committee governing corporate affairs, Settlement Guarantee Fund in the securities market as well the CSDI Premises Committee are among the executive affairs he sees into. Nouhi is also one of the members of the Lawyers Center for official experts and advisors of the Judiciary.

Nouhi enjoys a strong educational background that includes lecturing on basic and specialized courses on investment funds at Iran Financial Center.

Reza Nouhi Hefzabad holds a Master's degree from Iran's Kharazmi University.

​​​​​​​​​​​​​​​​​​Farzaneh Yari joined Central Securities Depository of Iran in 2007 and, she was appointed as the Chief Legal Officer at CSDI in 2020.

Among her major responsibilities as CSDI's Chief Legal Officer are planning and monitoring the proper implementation of securities' seizure orders received from the competent legal authorities, using securities as collateral, transferring the shares owned by deceased investors to their heirs, taking care of requests of representation and such as advocacy and the power of attorney, request related to testaments, guardianship, etc., as well as cooperating and providing legal advice on CSDI's development projects.

She is currently a member of the committees of "Foreign Investment and Iranian Expats Affairs", "Creating and Modifying Capital Market Regulations", "Anti-Money Laundering / Combating the Financing of Terrorism (AML/CFT Committee)" and "Sales Assessment Committee" at CSDI, as well as the international grouping of " Iranian Association for UN Studies ."

Before taking her current position as CSDI's Chief Legal Officer, Ms. Yari had been director of the legal affairs department for over two years.

She specializes in the rules, regulations, and executive procedures in the capital market, the compilation of different types of contracts, and devising effective legal instructions and executive procedures on capital market activities.

Farzaneh Yari has a master's degree in Law and is fluent in English and Turkish.

Mahmoud Hasanloo has joined Central Securities Depository of Iran in 2014 and has been appointed as Chief Technology Officer (CTO) at CSDI since March 2022. He used to be the director of CSDI's Information Systems Department from 2020 to 2022.

Major responsibilities of Mr. Hassanloo as one of top IT managers at the company are to conduct analysis, planning, and development projects for introduction of innovative applications as well as providing post-deployment support for all information systems working at CSDI.

Mr. Hassanloo has graduated from Sharif University of Technology with a Master's Degree in 2007 and he has a PhD from the University of Tehran . He is currently a member of the the "Iranian Association of Real-Time Systems".

Mahmoud Hassanloo has also experience of teaching academic courses on operating systems, data structure, as well as on programming and computer networks at University of Zanjan .

He is fluent in English and Turkish.

​​​​​​​​​​​​​​​​​​Seyed Kiumars Bozorginahad has been working as the Financial Affairs Manager at Central Securities Depository of Iran for over 15 years.

Joining CSDI in February 2006, Mr. Bozorginahad was appointed at his current position as the company's Financial Affairs manager in May of the same year.

Among his major responsibilities are managing the company's cash flows and resources , proposing optimal budgeting plans for fiscal years, and managing employees payments and non-salary compensations.

He is currently a member of the "Business Risk Committee", "Buildings and Premises" and "Anti-Money Laundering / Combating the Financing of Terrorism (AML/CFT Committee)" at CSDI, and enjoys membership in "Iranian Institute of Certified Accountants" and "Iranian Association of Certified Financial Managers". He is also a board member in Iran Financial Center.

Bozorginahad holds a postgraduate degree in "Financial Management" and a DBA certificate in "Professional Business Management", both from the University of Tehran.

​​​​​​​​​​

​​​​​​​​​​Mehdi Nemati joined Central Securities Depository of Iran (CSDI) in 2014 to take the helm of the company's Department of Public Relations.

Before joining the CSDI, he was the Director of News and Media Relations at Securities and Exchange Organization of Iran, while at the same time, he was the editor-in-chief of the "Securities and Exchanges News Agency (SENA)".

With more than 21 years of experience in the Public Relations industry, Mr. Nemati sees working as the head of the Public Relations Department at Iran Khodro Communication Center and being an editor-in-chief at the Islamic Republic News Agency (IRNA) in his resume.

Among his major responsibilities as CSDI's Director of Public Relations Department, are planning and monitoring all information, advertising, and marketing activities. Overseeing executive activities related to CSDI's participation in exhibitions, organizing conferences, preparing documentaries, bulletins, analytical and statistical reports related to the company's operations, as well as active communication and interaction with the media, and collaboration in planning and policy-making efforts to reflect the company's goals, policies and media coverage of the company's activities are among his other responsibilities.

Mehdi Nemati is currently a member of "Capital Market Information Sharing Committee", "Capital Market Information Council", "Justice Shares Information Sharing Headquarters", "Association of Iranian Journalists" and "Capital Market Opinion and Survey Working Group". He is also a member of the " Iranian Association Of Islamic Finance " and "International Sports Press Association ".

Mr. Nemati is considered a specialist/expert in advertisement and information campaigns as well as in the management of public opinions. In 2006, he was acclaimed as the best Iranian press columnist at the 14th International Festival of Press and News Agencies, and a year later, in 2007, he was also named as the best journalist at "National Festival of Principle 44" for his works on privatization activities in Iran.

Mr. Nemati has a Master's degree in media management.

​​​​​​​​​​Hadi Alipour joined Central Security Depository of Iran in 2005 and has been at the helm of settlement processes at the company for nearly 15 years.

Before CSDI's restructuring in 2016, Mr.Alipour had been working as the head of the settlement section for over four years and he has been appointed as the director of the Settlement Department soon after the department is established..

Among his major responsibilities as the director of the Settlement Department is the settlement of trades taking place at Tehran Stock Exchange in the local currency of rial, as well as rial settlement of derivatives in TSE and FaraBourse, in the meantime, controlling and taking care of the credit system in place for effective management of risks facing the brokerages are his other responsibilities in his current position.

Mr. Alipour currently has membership in CSDI's Committee of "Settlement Guarantee for Transactions on Iranian Exchanges" and the Iranian Accounting Association. He teaches financial instruments in debt markets, Basics of Accounting, and Industrial Accounting in different Iranian universities, He also provides professional advice on financial matters, valuation of projects to several business incorporations and financial institutions.

Hadi Alipour has deep knowledge about the latest in-place standards approved by competent accounting bodies in Iran, as well as laws and regulations related to trade, labor, social security, and capital market affairs. He is also considered among leading specialists in the field of "evaluation of risks and efficiency of investment project justification plans" in Iran.

He holds a Master's degree in MBA and his thesis was on the study of the relationship between the perceived brand value of employer in cash flow and financial policymaking.

Alipour has also completed an international course on "derivatives and employing trade strategies to minimize the minimum margin" held in Borsa Istanbul and is fluent in English.

​​​​​​​​​​​​​Ms. Maryam shahhosseini joined Central Securities Depository of Iran in 2006 and was appointed as the director of the Issuers Affairs Department in 2016.

Among her major responsibilities are taking care of opening and keeping deposit and securities accounts for OTC, securities, and commodity markets, for all market participants including security holders, financial institutions as well as real and legal entities; assigning codes, bookkeeping, depository, settlement, and clearing trades of listed commodities on mercantile exchanges as well as for trades of securities, and other instruments, along with conducting corporate actions for financial institutions.

Ms.Shahhosseini has a university degree in software engineering and completed an MBA course for the capital market at the Master's level. She has participated in over 10 international conferences and professional workshops and is fluent in English.

Siavash Azimi joined Central Securities Depository of Iran in 2014. In May 2018, he was appointed as the director of the International Relations Department.

Providing the required issues to expand international business and cooperation, developing closer contacts with CSDI's counterparts, organizing or attending events, administration of the English website and publications, are among the responsibilities, Mr. Azimi carries out as the International Relations Director.

Mr. Azimi is a member of "Foreign Investment and Iranian Expats Affairs Committee" at CSDI , and "International Relations Committee of the Iranian Association of Islamic Finance".

He also serves as CSDI's corporate secretary as of October 2022. Sivash Azimi is also CSDI's representative in World Federation of CSDs (WFC), Asia-Pacific CSD Group (ACG), Federation of Euro-Asian Stock Exchanges (FEAS), and Organization of Islamic Cooperation's Exchanges Forum (OICEF).

​​​​​​​​​​Mohammad Javad Farhanian joined Central Securities Depository of Iran in 2018 to take the helm of the "Planning and Development Department".

In parallel with his current position at CSDI as the Director of Planning and Development Department, Mr.Farhanian is the vice-chairman and the board member of CSDI" subsidiary firm, the Capital Market Central Asset Management Company .

Among his major responsibilities as head of the planning and development department are conducting need analyses, feasibility tests, developing and deploying service platforms, offering solution making initiatives, providing due support for the expansion of the company's business activities, conducting comparative research on standard procedures, and services provided by corresponding organizations, cooperation, and interaction with similar bodies as well as other regional and international exchanges.

He is currently chairman of the Committee on "Creating and Modifying Capital Market Regulations" , and the secretary of two committees of "Business Risk" and "Strategic Leadership" at the company. He also enjoys membership in the "Islamic Financial Association", "Iranian Economists Association" as well as in "Iran Strategic Management Society".

Enjoying 15 years of experience in academic and professional teaching in his resume, Mr.Farhanian currently teaches at two noble Iranian academic institutions, namely Kharazmi University and the Industrial Management Institute. He has contributed to 30 financial research projects and published 24 academic research articles.

Mr.Farhanian has received over 50 certifications and certificates of appreciation from the University of Tehran, Securities and Exchanges Organization of Iran , and a number of other leading government bodies active in the field of economy and financial affairs.

Mohammad Javad Farhanian is currently a Ph.D. candidate in financial management and is fluent in English.

​​​​​​​​​​

Ali Roostaei was appointed as the Commodity Market Settlement Director at Central Securities Depository of Iran in 2022. In 2010, he started to work in the field of planning and program development. Later in May 2014, he joined Central Securities Depository of Iran as senior expert in settlement of transactions.

Among his major responsibilities are timely and precise supervision on settlement operations related to commodities transactions as well as securities based on commodities on commodity exchanges, managing settlement risks through collateral allocation mechanisms, continuous improvement of executive procedures and interaction to create the required infrastructure to automate processes, reducing operational risks, cooperating with stock exchanges to design new financial instruments and compiling relevant rules and regulations.

He is currently a member to CSDI's Collateral Monitoring Committee.

Dr. Roostaei specializes in the fields of risk management, process reengineering, developing strategic plans of an organization, conducting research and preparing investigative reports with the approach of identifying select experiences and finding patterns and compiling management reports.

Ali Roostaei has a professing experience at the Industrial Engineering Faculty of Semnan University in the fields of decision-making, project control, principles of simulation and marketing.

The CSDI's Commodity Market Settlement director has teamwork attitude, sense of responsibility and interest in learning among his major skills.

Dr. Roostaei has graduated from Sharif University of Technology with a Master's Degree and has a PhD from Tarbiat Modares University.

He is fluent in English.

Omid Tavassoli joined Central Securities Depository of Iran in 2007. In 2020, he was appointed as the Information Technology Infrastructure Director.

Among his most important responsibilities are designing, creating, directing, improving, and upgrading secure, sustainable and scalable infrastructure to offer paramount services to the beneficiaries of the Iranian capital market.

Omid Tavassoli is presently a member of the Information Technology Committee at CSDI. He holds a master's degree in MBA from University of Tehran.

Alireza Torabi joined Central Securities Depository of Iran in 2014 and was appointed as the director of the Legal Services Department in 2020.

Among his major responsibility in his current position are taking care of operations related to collateralizing securities, forcible ownership transfers of securities, verification of power of attorney documents, as well as fact-checking the legal documents provided to CSDI's Comprehensive Information Gathering System (CIGS).

Mr.Torabi is currently a member of the "special committee of verifications" and "Committee on Developing and Launching Comprehensive Legal Operations System" at CSDI. He also enjoys membership in two committees of "Law Graduates Society" and the "Islamic Law studies Group".

He sees the experience of teaching "Islamic Law" in a number of Iranian higher-education institutions in his resume and is considered an expert in Islamic Jurisprudence, and capital market laws.

Alireza Torabi holds a Master's degree in law and is fluent in Arabic and English.

Hossein Ghashami joined Central Securities Depository of Iran in 2010 as Head of Accounting. In 2020, he was appointed as the director of Settlement and Payment Systems of the company.

Among his most important responsibilities is to see into the settlement and payment affairs of the company facilitated by launching banking web services (for money transfer) and electronic receipt services for financial reports.

The management of the Integrated Dividend Distribution System, which was inaugurated in the presence of the then President of Iran in 2020 is one of the most important projects run by Hossein Ghashami.

The project provided the possibility of integrated dividend distribution to 127 companies and distribution of dividends of Justice Shares to some 50 million Iranians shareholders.

He is currently a member of the working groups on "Justice Shares" and "Investors' Subscription of Government ETFs".

He is also a member of the executive committee of the "GAAM" project run by the Central Bank. "GAAM" is a project trying to provide non-inflationary capital for the production chain through liquidity management.

Meanwhile, he has experience in holding training workshops on accounting and how to finance through SUKUK,a Shari'ah-compliant financial instrument and the Islamic equivalent to bonds in conventional finance.

Hossein Ghashami holds a Master's degree in Business Administration and is fluent in English.

Sadegh Soltanzadeh joined Central Securities Depository of Iran in 2020. He was immediately appointed the "Legal Operations Director". Among his most important responsibilities, is execution of matters regarding the seizure orders and related processes as well as the handling of lawsuits and complaints.

Soltanzadeh enjoys 28 years of experience of which 18 years spent as a manager of legal affairs at companies and universities.

He holds a Master's degree from Kharazmi University .

Ali Mirzaaghai Damavandi was appointed as the Internal Audit Director of Central Securities Depository of Iran in March 2022. Earlier, he used to serve as the head of Accounting and Contract Affairs at the Securities and Exchange Organization of Iran . He has been working in this field for more than 17 years.

One of his most important responsibilities is to provide independent and impartial counseling services in order to improve executive operations of CSDI.

His most important skill is preparing and analyzing financial statements as well as preparing and compiling the budget.

He is currently a member of the Internal Audit Committee of Central Securities Depository of Iran .

Ali Damavandi has a master's degree and is fluent in English.

Mr. Mohsen Abdi joined Central Securities Depository of Iran in 2008 and was appointed as the Director of the Dividend Distribution Department in 2019.

Among Mr.Abdi's major responsibilities as the head of dividend distribution department stipulated in CSDI's Articles of Association are taking care of all operations related to payment of dividends to shareholders in companies listed on the Iranian stock market, payment of dividends related to the government-sponsored scheme of Justice Shares as well as the payment of dividends and repayment of principal value (nominal value) of other types of securities and instruments listed on the Iranian stock market including diverse types of Sukuk.

As the Director of the Dividend Distribution Department at CSDI, Mr. Abdi is responsible for the collection and keeping the records of all the information on the dividend distribution operations, and any necessary measures to facilitate the dividend distribution operations as stipulated by Iran capital market top regulatory authority, which deems CSDI as the sole entity responsible for taking care of all corporate actions related to dividend distribution measures by issuers.

Mr. Abdi is also a member of the "Devising Regulations Governing Dividend Distribution Committee" at CSDI.

Holding a Master's degree in Accounting, Mr.Abdi is considered a leading expert and specialist in project management, as well. He also sees in his CV holding two courses on CSDI-based dividend distribution system known as ISS for brokers on the sidelines of two editions of Iran FINEX exhibition held in Tehran.

The interesting factor in Mr.Abdi profile at CSDI is the fact that all actions taken at CSDI level in relation with the dividend distribution operations have been conducted under his supervision since 2008, designing, developing, launching, and updating existing processes to keep his department compatible with revolving requirements in dividend distribution operations within the Iranian capital market.

Mr. Abdi is fluent in English.

Farah Pashangpour joined Central Securities Depository of Iran in 2006 as the head of the CEO office and Deputy CEO office. From 2012 to 2018, she worked as a financial expert in the company. Since June 2018, she has been re-appointed as head of the CEO office. Among her most important responsibilities is managing all affairs related to the Chiefs and directors coordination and follow-up of CEO's orders.

Farah Pashangpour holds a Bachelor's degree and is fluent in English.

​​​​​​​​​​​​​​​​​Fariba Akhavan joined Central Securities Depository of Iran in 2005 and was appointed as CSDI's CEO advisor in 2022. She used to be the company's Chief Operating Office from 2016 to March 2022.

As she was in effect the Director of Operations Department, Ms. Akhavan gives her professional views on listing and depository services for all types of accounts and securities, along with taking care of services related to modification of specifications, as well as corporate actions for listed companies, in addition to the preparation of various reports required by all market stakeholders.

​​​​​​​​​​Gholamreza Alizad joined Central Securities Depository of Iran in 2018 to advise the company on strategic planning.

Among his major responsibilities as CSDI's strategic consultant is to provide professional advice to the company's CEO on human resource and Justice Shares affairs.

He is currently a member of CSDI's & "Committee on Creating and Modifying Capital Market Regulations ", "Examination of Selling Confiscated, Delegated and Collateralized Shares", as well as "Recruitment and Employment Committee".

He also enjoys membership in two Iranian associations of "Iran Strategic Management Society" and the "Association of Human Resource Management", and is also an affiliated member of "Human Resource Empowerment Foundation".

Holding two Master's Degrees in "Executive Management" and "Human Resource Management", Gholamreza Alizad Parvin is a lecturer of "Strategic Management" and "Human Resource Management" at the Islamic Azad University.

Mohammad Mahdi Medhat joined Central Securities Depository of Iran as an advisor to the CEO in 2021 to assume managing the company's strategic planning.

In parallel with the experience of holding academic courses on Strategic Management, Mr. Medhat also sees advising and implementing strategic planning projects for over 20 different entities in Iran in his resume.

Mr. Medhat holds a Ph.D. in strategic management from the prestigious Allameh Tabataba'i University and is fluent in English.

Mohammad Ehsan Zomorrodian has joined Central Securities Depository of Iran as an advisor to the company's CEO since spring 2022.

Before joining CSDI, Mr. Zomorrodian was the R&D chief at Tadbirgaran-Farda brokerage firm, and prior to that, he was manager of business development in Delwar Afraz Industrial Group, which is a leading mechanical engineering company in Iran. He is specialized in managing IT projects and developing knowledge-based innovative businesses, among others.

Mr. Zomorrodian holds an MSc degree in IT engineering and is fluent in English.