The new head of the Cooperative Development Bank will be a source of valuable services

According to the Iran Economist, Mehdi Maskani, Deputy Minister of Cooperatives of the Ministry of Cooperatives, Labor and Social Welfare, said at the meeting to introduce the new head of the Cooperative Development Bank: “Strengthening relations with cooperatives and trying to create an effective model of Islamic banking .
He added: “The new head of the bank is one of the young revolutionary managers with experience in the banking network and came from within the Cooperative Development Bank and the Cooperative Fund of the country. The existing one has enough capacity to guide the bank in an efficient way, which was appointed by the Minister of Cooperation.
Maskani said: “There have been wide expectations from the Cooperative Development Bank to provide credit and specialized services to cooperatives, and in recent years the bank has been in a growing trend and many issues and problems of the bank have been resolved and the bank in a new perspective.” It is considered as one of the reliable devices to play an effective role in the Seventh Development Plan and support the deprived and help create jobs throughout the country.
Deputy Minister of Cooperatives, Ministry of Cooperatives, Labor and Social Welfare said: “In recent years, effective measures and measures have been implemented by the former management and the bank will be guided in the path of efficiency and productivity in the coming period.”
Mohammad Sheikh Hosseini, head of the Cooperative Development Bank, thanked the Minister of Cooperatives, Labor and Social Welfare and the Deputy Minister of Cooperatives for their trust.
Sheikh Hosseini added: “The belief of the high officials of the system and the ministry in the issue of cooperation is a great opportunity for the bank and this bank is moving within the communication framework of the ministry.”
He added: “Supporting new businesses of cooperatives and knowledge-based cooperatives based on new processes and tools is one of the bank’s strategies in the coming period.”
Sheikh Hosseini pointed out: “Human capital is the main pillar of the bank’s success and any transformational and progressive action of the bank can be done through the forces stationed in the line and headquarters.”
The head of the Cooperative Development Bank, referring to the experience and expertise of the bank’s senior managers, said: “With consensus and benefiting from the aggregation of opinions, we will provide conditions for the unused capacities of the cooperative sector to become real and conditions for doubling performance indicators per capita.” Provide for branches and manpower.
Gholamhossein Hosseininia, Deputy Minister and Head of the Technical and Professional Organization of the country, said: “The performance of the former management of the bank has had a positive effect on the cooperative sector and the new head of the bank is a diligent and competent manager and the second step of the revolution.”
Hojjatollah Mehdian, former CEO of the Cooperative Development Bank, said: “The bank’s managers and employees are expected to cooperate with the new management and observing the administrative hierarchy is important for the proper progress of affairs.”
He added: “Relying on the human capital of the bank and the talents and capacities of the Cooperative Development Bank has always been the headline of appointments and delegating responsibilities.”
Mehdian said: the correct implementation of Islamic banking, advancing affairs within the framework of legal standards and observing financial and accounting standards and transparent accountability to regulatory institutions have always been considered.
Seyed Baqer Fattahi, Chairman of the Board of Directors of the Cooperative Development Bank, said: “The bank’s performance during the last six years has been based on professional criteria and with the aim of financial discipline and proper financial and development record, and the bank is in a situation where the new management Perform developmental tasks and provide a supportive role.
In this meeting, the decree of the Minister of Cooperatives, Labor and Social Welfare for the appointment of Mohammad Sheikh Hosseini as the head of the Cooperative Development Bank and the Minister’s message of thanks to Hojjatollah Mehdian, the former CEO of the bank, were read.