Ali Salehabadi, the former head of the Stock Exchange and Securities Organization, was elected as the head of the Central Bank on the proposal of the Minister of Economy and the vote of confidence of the Council of Ministers. He had previously said that the regulation of digital currencies is a big issue and the country’s macro-policies in this area should be determined.
According to digital currency and to Quoted Through the payment, Ali Salehabadi became the Governor of the Central Bank at the suggestion of Ehsan Khandouzi, Minister of Economy, and with the vote of confidence of the Cabinet. The Minister of Economy of the 13th government, Seyed Ehsan Khandouzi, officially announced this news on his Twitter account. Khandouzi said the central bank governor’s main duties were to preserve the value of money and curb inflation, direct credit to productive activities, and effectively oversee the banking network.
Until now, several options for this post have been suggested by some media sources; Letters such as Reza Rai and Abdullah Talebi, two bank managers who both have a strange and pragmatic dismissal record. Other predictions suggested that Akbar Komijani, who’s presidency in the final weeks of Rouhani’s administration, would retain his position at the central bank. Mohammad Reza Farzin, the current CEO of Karafarin Bank, was also one of the main candidates for the post, but none of these predictions came true, and finally Ali Salehabadi, CEO of the Export Development Bank of Iran, was elected as the head of the Central Bank.
Salehabadi, born in 1978, graduated from Imam Sadegh University with a degree in Financial Management and holds a PhD in Financial Management from the University of Tehran. He is a member of the faculty of Imam Sadegh University and is also the founder of the Islamic Financial Association of Iran.
Ali Salehabadi’s name is associated with Ahmadinejad’s government; The government invited him for the first time with his cabinet and gave Salehabadi the post of head of the Stock Exchange and Securities Organization. Salehabadi was appointed as the Secretary General of the Tehran Stock Exchange and Securities Brokers Organization in December 2005 at the same time as the Securities Market Law was approved. He was in charge of the country’s capital market for about a decade and in December 2014, he resigned from the post of head of the Iranian Stock Exchange and Securities Organization. In Salehabadi’s executive records, responsibilities such as the director of the regional hall of the Karaj Stock Exchange and the person in charge of investment studies in Ghadir Investment Company, the Social Security Organization and the executive headquarters of Farman Imam are also seen. He is also a member of the Technical Committee of the Board of Islamic Financial Services of Malaysia (IFSB).
Earlier in July of this year, Salehabadi had said about digital currencies:
What policy can be followed regarding cryptocurrencies is a big issue, and at the macro level, the country’s policy must be determined, which of course has different categories and includes many details.
He is now set to take over the helm of the Central Bank of Iran; The most important economic institution in Iran, which determines many economic developments in the country.