The board finalized the decision during its strategic session on
Tuesday, appointing Abbaszadeh to succeed Mohammad Shariatmadari. Following the
transition, board members formally expressed their appreciation for
Shariatmadari’s executive management during his tenure at the helm of the
holding company.
Executive Background
Abbaszadeh brings extensive public sector and industrial management
experience to the position. Prior to being elected as the CEO of the PGPIC
holding group, he served as Iran's Deputy Minister of Petroleum and Managing
Director of the National Petrochemical Company (NPC).
The corporate transition at PGPIC, which ranks among the largest
industrial asset holders in the regional petrochemical network, is expected to
guide the group’s mid-term investment, operational expansion, and product value
chain initiatives.