Pezeshkian Appoints Khodadad Gharibpour to Head Iran's National Development Fund

Iranian President Masoud Pezeshkian, in a decree issued Tuesday, 3 Shahrivar 1405 (August 25, 2026), appointed Khodadad Gharibpour as a member and head of the National Development Fund of Iran's board of directors for a five year term. Gharibpour succeeds Mehdi Ghazanfari, who had led the fund since Mehr 1400 (2021) and whose five year term had ended. According to Tasnim News Agency, Gharibpour previously headed the pension fund for bank employees, served as a deputy minister of Industry, Mine and Trade, led the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), and was CEO of the National Development Investment Group. He also served as governor of Boyer Ahmad county from 1376 to 1384 (1997 to 2005) and as CEO of Shazand Petrochemical in Arak from 1393 to 1395 (2014 to 2016). The National Development Fund was established in 1389 (2010) to convert part of Iran's oil, gas, gas condensate and petroleum product revenues into lasting wealth and to preserve future generations' share of those resources.