Repetition of privatization mistakes in the transfer of pension fund companies / risk of conflict of interest between major and minority shareholders.
Mohammad Mahdi Momanzadeh, CEO of Mehr Aindegan Financial Development Group, at the National Corporate Governance Conference in Iran, warned against repeating the experience of unscientific privatizations in the transfer of subsidiaries of pension funds, and emphasized that offering shares of these companies without specifying the rights of the shareholders, the limitations of the powers of the controlling owners, the subsidiaries could lead to supervision, to the formation of the companies. Conflict of interest between major and minority shareholders.