Governor of the Central Bank of Iran

Governor of Central Bank of Iran

Incumbent
Mohammad-Reza Farzin

since 29 December 2022

Member of| Cabinet of Iran
Seat| Bank Markazi Tower
Nominator| Minister of Economic Affairs
Appointer| President of Iran
Term length| 5 years
Formation| 1960; 64 years ago (1960)

Governor of the Central Bank of Iran (Persian: رئیس کل بانک مرکزی ایران) is the highest administrative authority of the Central Bank of Iran, making decisions concerning all such current affairs of the bank.[1]

Presently, the President appoints the governor upon the recommendation of the Minister of Economic Affairs and Finance,[2] who must be verified by the CBI's general assembly.[3]

Unlike many countries, the governor of central bank is not mandated to decide on the monetary policy in Iran by himself, but he is head of the body with that responsibility, The Currency and Credit Council, an organ within the central bank but controlled by the government.[4] The governor is assisted by an executive board comprising, in addition to himself as the chairman, the deputy governor, vice-governors, and the secretary-general of the Currency and Credit Council.[2]

The law specifies no fixed term for the governor,[3] however the officeholder is appointed for five years.[2]

## List

[edit]

The governors of Central Bank of Iran are as follows:[5]

No. | Name  | Term in office  | Appointer

|
|
|

Assumed  | Left
1  | Ebrahim Kashani | 1960  | 1961  | Manouchehr Eghbal
2  | Ali-Asghar Pourhomayoun | 1961  | 1964  | Ali Amini
3  | Mahdi Samii | 1964  | 1969  | Hassan-Ali Mansur
4  | Khodadad Farmanfarmaian | 1969  | 1970  | Amir-Abbas Hoveyda
(3)  | Mahdi Samii | 1970  | 1971
5  | Abdol-Ali Jahanshahi | 1971  | 1973
6  | Mohammad Yeganeh | 1973  | 1975
7  | Hassan Ali Mehran | 1975  | 1978
8  | Yousef Khoshkish | 1978  | 1979  | Jamshid Amouzegar
9  | Mohammad-Ali Molavi | 1979  | Mehdi Bazargan
10  | Alireza Nobari | 1979  | 1981  | Abolhassan Banisadr
11  | Mohsen Nourbakhsh | 1981  | 1986  | Mir-Hossein Mousavi
12  | Majid Ghassemi | 1986  | 1989
13  | Mohammad Hossein Adeli | 1989  | 1994  | Akbar Hashemi Rafsanjani
(11)  | Mohsen Nourbakhsh | 1994  | 2003
Mohammad Khatami
–  | Mohammad-Javad Vahaji (acting)  | 2003
14  | Ebrahim Sheibani | 2003  | 2007
15  | Tahmasb Mazaheri | 2007  | 2008  | Mahmoud Ahmadinejad
16  | Mahmoud Bahmani | 2008  | 2013
17  | Valiollah Seif | 2013  | 2018  | Hassan Rouhani
18  | Abdonnaser Hemmati | 2018  | 2021
19  | Akbar Komijani | 2021  | 2021
20  | Ali Salehabadi | 2021  | 2022  | Ebrahim Raisi
21  | Mohammad-Reza Farzin | 2022  | incumbent

## References

[edit]

Wikimedia Commons has media related to Governors of the Central Bank of Iran.

1. ^ CENTO Symposium on Central Banking, Monetary Policy and Economic Development: Proceedings. Office of U.S. Economic Coordinator for CENTO Affairs, Central Treaty Organization. 1972. p. 58.
2. ^ a b c Yeganeh, M. (December 15, 1988), BANK-E MARKAZI-E IRAN, vol. III/7, Encyclopædia Iranica, pp. 696–698
3. ^ a b "CBI Governance Structure Discussed". Financial Tribune. 2014-10-19. Retrieved 2018-08-16.
4. ^ Mirmohammadi, Morteza. "Let It Rule: Imperatives for Central Bank of Iran". Bourse & Bazaar. Retrieved 2018-08-16.
5. ^ "Governors". Cbi.ir. 2011-09-19. Retrieved 2012-01-09.

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Central Bank of Iran

History|

* Imperial Bank of Persia (1889–1929)
* Bank Melli Iran (1929–1960)
* Asian Clearing Union (1974)
* Bank Markazi v. Peterson (2016)
* Certain Iranian Assets (2016)

Governors|

* Kashani (1960–61)
* Pourhomayoun (1961–64)
* Samii (1964–69)
* Farmanfarmaian (1969–70)
* Samii (1970–71)
* Jahanshahi (1971–73)
* Yeganeh (1973–75)
* Mehran (1975–78)
* Khoshkish (1978–79)
* Molavi (1979)
* Nobari (1979–81)
* Nourbakhsh (1981–86)
* Ghassemi (1986–89)
* Adeli (1989–94)
* Nourbakhsh (1994–03)
* Sheibani (2003–07)
* Mazaheri (2007–08)
* Bahmani (2008–13)
* Seif (2013–18)
* Hemmati (2018–21)
* Komijani (2021)
* Salehabadi (2021–22)
* Farzin (2022– )

Subsidiaries|

* Iran Banking Institute
* Monetary and Banking Research Institute
* Security Printing and Minting Organization
* Security Paper Mill
* Treasury of National Jewels

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