Kardan Investment Bank | |
Type: | PJSC |
Area Served: | Worldwide |
Key People: | Mostafa Omidghaemi (Chairman) Yousef A. Sharifi(CEO) |
Products: | Investment banking |
Num Employees: | 11-50 |
Foundation: | January 7, 2014 |
Assets: | $80 million |
Location: | Tehran, Iran |
Homepage: | https://kardan.ir/ |
Kardan investment bank (Persian: شرکت تأمین سرمایه کاردان, Shirkat-e Tamin-e Sirmayeh-e Kardan) 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.[6]