Position: Governor, Bank Markazi
Biography: Mahmoud Bahmani was named governor of Iran’s central bank in September 2008 by President Mahmoud Ahmadinejad following the removal of his predecessor Tahmasb Mazaheri. Since joining the bank, Bahmani has supported Ahmadinejad’s move to bring subsidies to an end.
Although there has been an associated rise in inflation, Bahmani is confident it will fall after the subsidy reforms are completed. Since becoming governor of the central bank, he has criticised Western nations for economic stimulus spending, saying it would lead to a rise in worldwide inflation. Prior to Mazaheri’s dismissal, Bahmani was secretary general of the bank.
He has a degree in economics, a master’s in banking and a doctorate in business administration. Previous roles include director of the investment department and also director of the transactions and loans and project feasibility department at Bank Melli Iran between 2000-07.
Contact: (+98) 2 1299 51