INDICES
  • Samba 65 00% 56.65%
    Joga2002 635.254 50% 63.63%
    Bra52 69 23.145% -63.25%
    Joga2002 635.254 50% 63.63%
  • HangSang20 370 400% -20%
    NasDaq4 33 00% 36%
    S&P5002 60 50% 10%
    HangSang20 370 400% -20%
    Dow17 56.23 41.89% -2.635%
-

EghtesadOnline: Morteza Lotfi has assumed the leadership of Iran’s largest holding, Social Security Investment Company.

Lotfi, who earlier served as the company’s deputy head, is the former managing director of the large-cap Fars and Khuzestan Cement Company. He replaces Reza Norouz-Zadeh who took the helm of SSIC on June 22, 2016, IRNA reported. The investment arm of Social Security Organization, also known by its Persian acronym Shasta, controls nine holdings operating in a wide range of sectors, including petroleum, petrochemicals, pharmaceuticals, cement, transportation and finance. These holdings manage about 200 subsidiaries, 1,000 board members and 350 trillion rials (more than $9 billion) of assets, Financial Tribune reported.

 

Morteza Lotfi Social Security Investment Company Shasta Iran Shasta