In 2000, investment institutions in Iran had formed a non-governmental and non-profit organization called Investment Industry Development Institute of Iran (Institute). The Institute was operated until February 2008; and after that based on Article 53 of Iran Securities Market Act approved in December 2005, brokers, market makers, investors, and other participants of the market were obliged to form their association. In December 2007, a considerable number of investment institutions (98 companies), many of which were members of the above-mentioned Institute, as the founding board formed an association. Iranian Institutional Investors Association was registered on February 4, 2008, under No. 22194 when the Securities and Exchange Organization (Saba) had agreed with the articles of association. Iranian Institutional Investors Association started its activities on March 6, 2008, with the permission of Saba by Ali Saghafi as Secretary-General. Iranian Institutional Investors Association was considered as an alternative to the Investment Industry Development Institute of Iran. At present, the Association with about 300 members has continued its activities with Saeed Eslami Bidgoli as the Secretary-General.
Secretaries-General of Iranian Institutional Investors Association from the beginning to date:
Dr. Ali Saghafi
Dr. Ali Saghafi, the founder of the Theoretical School of Accounting in Iran, received his Ph.D. in accounting from the University of Missouri, Columbia, the USA in 1977. Now, he is a professor at Allameh Tabatabai University.
Dr. Shapour Mohammadi
Dr. Shapour Mohammadi is the second Secretary-General of Iranian Institutional Investors Association. He received his Ph.D. in Econometrics and Economic Development from Tehran University. Shapour Mohammadi was the first CEO of the Iran Energy Exchange. At the beginning of the 11th government, he was appointed as the Deputy of Economic Affairs in the Ministry of Economic Affairs and Finance, and since July 26, 2016, he has been working as the head of the Securities and Exchange Organization.
Dr. Behrouz Khodarahmi
Dr. Behrouz Khodarahmi, who studied Mechanical Engineering- Fluid Branch at the Isfahan University of Technology, and had received his Master’s Degree in Accounting at Shiraz University and his Ph.D. in accounting at Allameh Tabatabai University. Now, he is a member of the faculty of Tarbiat Modares University.
Dr. Saeed Eslami Bidgoli
Dr. Saeed Eslami Bidgoli had received his bachelor’s and master’s degree from the Sharif University of Technology and his Ph.D. in Finance affairs from Shahid Beheshti University. He is also a Certified International Investment Analyst (CIIA) and son of Dr. Gholamreza Eslami Bidgoli, a prominent professor of finance and accounting in Iran. Dr. Saeed Eslami Bidgoli was a member of the board of directors of the Urban Development and Revitalization Organization of Iran before being appointed as the secretary-general of Iranian Institutional Investors Association. Now, he is a member of the faculty of Allameh Tabatabai University and a member of the Supreme Council of Stock Exchange.