Sunday Jun 24, 2018

PetroEnergy Information Network

Tuesday / 6/12/2018 12:00:00 AM / 09:37
Service : Oil
News Id : 283226
Reporter : 763

NIOC CEO Appoints NICO Vice-Chairman

(Tuesday, June 12, 2018) 09:37

TEHRAN (Shana) – CEO of the National Iranian Oil Company (NIOC) Ali Kardor appointed Ali Akbar Pourebrahim as the new vice-chairman and CEO of the Naftiran Intertrade Company (NICO).

Mr. Kardor signed off on a letter replacing Majid Hedayat Zadeh Razavi with Mr. Pourebrahim as NICO CEO.

"In view of the sensitivity and importance of the company, it is necessary to take the necessary steps to restore and revitalize its role at the international level and given the increasing necessity for bringing about financial discipline in the company, do provide me with the periodic reports on performance improvement. It is hoped that you will succeed in your new mission by relying on Allah the Almighty," read a part of Mr. Kardor's appointment letter.