CSDIran Announces New Board Members After By-Election

The CSD Iran announces that shareholders have elected two new members to the Depository’s Board of Directors at an extraordinary meetingof the company’s shareholders.

Shareholders of Central Securities Depository of Iran elect two representatives to fill the vacant positions of Legal Entity members of the Board of Directors.
At the extraordinary Meeting, the CSDI shareholders approved Saba Ta’min Investment Co. and Bank Melli Iran as the winners of the by-election.

The new Legal Entity members of the Board were elected by well over 86 percent of voting stockholders at the CSDI headquarters in Tehran, Iran.

All in all, Securities and Exchange Organization of Iran (SEO), Tehran Securities Exchange Technology Management Co., Bank Melli Iran, Saba Ta’min Investment Co. and SEO Information Dissemination and Services CO. currently comprise the CSDI Board of Directors.