VOL. XXXIV
NO. 12/13
24/31-DECEMBER-1990
Financial and Banking News
Regional Banking
Changes at Top of Iranian Banks
Mr. Mehrdad Bagheri, the chairman of Iran's Bank Mellat, has resigned, andhas been replaced but the Chairman of Iran's Bank of Industry and Mines (BIM),Mr. M. Arami. Mr. Bagheri's resignation means that he automatically ceases to beChairman of the London-based Iran Overseas Investment Bank, in which fourIranian banks have 25% stakes. As chairman of BIM, Mr. Arami was also Chairmanof...
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