Kardan Investment Bank

Kardan investment bank (Persian: شرکت تأمین سرمایه کاردان‎) is a full-fledged investment bank based in Tehran, Iran. Kardan is licensed and regulated by the country’s Securities and Exchange Organization (SEO).[1] The formation of Kardan Investment Bank started in January 2011. The Bank received its license from SEO in June 2013. The company’s capital initially set at IRR1 Trillion ($40 million) was raised to IRR2 Trillion (about $80 million) when license was granted.[2] The company is poised to execute cross-border deals [3] and is sponsored and owned by three commercial banks, Tejarat (the country’s third largest bank), Saman and Middle East.[4] Kardan board of directors is chaired by Wisconsin university graduate and a prominent banker [5] Dr. Parviz Aghili (Chairman) who spearheaded the creation of the company. The company is co-founded by Majid Zamani and run by Yousef A. Sharifi (CEO) a Connecticut University graduate and a previous investment manager to the Saman Bank.[2][6]

Kardan Investment Bank
TypePJSC
IndustryFinancial services
FoundedJanuary 7, 2014
HeadquartersTehran, Iran
Area served
Worldwide
Key people
Mostafa Omidghaemi (Chairman)
Yousef A. Sharifi(CEO)
ProductsInvestment banking
Total assets$80 million
Number of employees
11-50
Websitekardan.ir

References
  1. ".:: Seo.ir - سازمان بورس و اوراق بهادار ::". seo.ir.
  2. Golnar Motevalli. "Iran Bank to Market Energy Fund to Foreign Investors, CEO Says". Bloomberg.com.
  4. Kardan on Saman Bank Website
  5. "The banking revolutionary". Financial Times.
  6. "Majid Zamani: Executive Profile & Biography - Businessweek". Businessweek.com.
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