Mohammad Shariatmadari

محمد شریعتمداری

PGPIC CEO December 2024 to mid-2026. Reformist-era cabinet veteran: commerce under Khatami, industry and labor under Rouhani; also Setad and Leader’s-office oversight. Political manager, not a plant man. Left in place for a time after the board named Abbaszadeh because the assembly could not make a quorum.

BACKGROUND

Minister of commerce (Khatami).
Minister of industry, mine and trade / labor (Rouhani).
Setad (Execution of Imam Khomeini’s Order) and Leader’s office oversight roles — a bridge between the elected cabinet world and the extra-governmental economic holdings.

ROLES

PGPICCEO
Dec 2024 – mid-2026
Sat through the Arvand IPO (Dec 2025) and the Jan 2026 Arvand CEO swap

PATTERN

Cabinet-class political manager inserted into a pension-fund holding. Typical of the “transformation” language; the plants did not change under him, the letterhead did.

NOTES

Karimi thanked Shariatmadari by name at the Arvand listing ceremony — a timestamp that he still held the chair in late December 2025.
The mid-2026 quorum failure is the tell: owners could not agree on the next political manager, so the incumbent lingered.

EVENTS

2024-12Shariatmadari replaces Ali-Askari
2025-12-24Arvand lists as اروند / ARVAND
2026-01Mosaddeghi-Fard briefly takes Arvand
2026-06Board names Abbaszadeh; quorum fails