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Introduction of Bank Refah New Management System

Introduction meeting of new managing director and members of the board of Bank Refah was held on 5th July 2003, in the meeting room of Pardis Building in the presence of Dr. Sharif Zadegan, head of the Banks General Assembly and Managing Director of Social Security Organization, Dr. Parviz Ahmadi, Banks former Chairman of the Board and Managing Director, Mr. Mohammad Taghi Jamalian, Banks new Chairman of the Board and Managing director, Mr. Heidar Mostakhdemin Hosseini and Mr. Hassan Poor Abdolahian, new members of the board, together with managers of the Banks departments and independent branches as well as heads of the Tehran East and West administration offices. 

In this meeting, Dr. Sharif Zadegan had a presentation to bid farewell to the Banks former management system and to introduce Banks new Board of Directors.  While appreciating the former competent management system of Bank Refah, he referred to the positive activities and reforms of the Bank in recent years. He noted, According to the statistics, the continuous efforts of the Banks former management system, especially Dr. Parviz Ahmadi, had led Bank Refah to be presented as a Bank of best quality and services among other local commercial banks. 

He added, Today, most of the existing problems in Iran banking system such as high cost and waste of the time are common in Iran, and solving these problems will lead to the attraction of clients. Then we can endeavor in the international banking industry. On the other hand, we are required to disregard non-useful trends and computerize our banking industry and apply the successful international trends and processes. Modern banking should be taught to personnel and this needs continuous training.

At the end of his presentation, Dr. Sharif Zadegan introduced Mr. Mohammad Taghi Jamalian as Banks new chairman of the board and managing director and elaborated his capabilities in the technical, educational and management fields, leading to the continuos positive changes in Bank Refah.

Then, Dr. Parviz Ahmadi, Banks former managing director and the present member of the board, presented a report on the recent operations and reforms of Bank Refah in the field of attracting and allocating resources, profitability, credit facilities, developing banks network, human resources, training and research planning. He noted, In comparison with the International Standard Indicators, Bank Refah is in suitable position and has been ranked among Iran 100 Top Institutions. Bank Refah has the youngest and educated employees and according to the report of General Inspection and Central Bank of Islamic Republic of Iran, Bank Refah is a clean bank in terms of financial offences and embezzlement. Our resources and uses had balanced by the end of the last year and had no due to the Central Bank of I.R. Iran. At the end, he expressed his gratitude to the former members of the Board and Banks staffs.

While praising the efforts of the Banks former management system, Mr. Jamalian has presented his future plan and noted, All the Banks staffs should cooperate in order to have comprehensive development plan and this needs unanimity in senior management structure. He added, In terms of financial indicators, Bank Refah is in good position. For the time being, Iran banking system faces four basic challenges; first, competitiveness between banks and private financial institutions; second, the increase of the clients requests and expectations; third, profitability and operation, and the last but the most important is the information technology. Undoubtedly, we have to accept that our banking system in Iran is in the backward state and most of this condition is due to the lack of information technology. We are looking forward to establish a strong bank for the future.

At the end of the meeting, Dr. Sharif Zadegan had prized Banks former managing director and members of the board for their valuable efforts.

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Introduction meeting of new managing director and members of the board of Bank Refah was held on 5th July 2003, in the meeting room of Pardis Building in the presence of Dr. Sharif Zadegan, head of the Banks General Assembly and Managing Director of Social Security Organization, Dr. Parviz Ahmadi, Banks former Chairman of the Board and Managing Director, Mr. Mohammad Taghi Jamalian, Banks new Chairman of the Board and Managing director, Mr. Heidar Mostakhdemin Hosseini and Mr. Hassan Poor Abdolahian, new members of the board, together with managers of the Banks departments and independent branches as well as heads of the Tehran East and West administration offices.


Last Updated:   11 Dec 2007
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