According to the Shahr-e-Boursei, Ali Panahi, CEO of Saba Energy Holding, emphasized the importance of attending such events in a press conference on the sidelines of the 12th International Kish Inox 2025 Exhibition, stating: Attending exhibitions is an opportunity to show our potential and capabilities and chart the path for the future.

Referring to the management of holdings and subsidiaries, he added: One of our key issues in holdings is supervision and policy-making in the field of subsidiaries. There are numerous documents and laws in this area, including the Commercial Law, but what has been operational and a reliable guide so far is the Corporate Governance Guidelines. Our main performance is to implement these guidelines.

Panahi continued: So far, we have adhered to the approvals of the committees in the appointment of company managers, although there are also political restrictions. Our main step in this direction is the formation of an audit committee; when appointing managers, the financial status of the companies is reviewed and followed up.
In the field of transparency and auditing, he said: Some of our products and raw materials are offered on the stock exchange, and even the waste of companies is sold through the commodity exchange. These measures have increased the transparency of processes, and in the field of exports, we have also required companies to use this route.

Referring to the role of the holding in providing benefits to retirees, the CEO of Saba Energy Holding said: This is one of our activities, and during this period we have tried to carry out the necessary follow-ups.

Panahi continued by referring to the completion of the production chain of subsidiary companies and stated: We have large manufacturing enterprises, and completing their chain is one of our duties. The transfers are carried out in an island manner, and the interruption of this chain disrupts profitability. In the capital market, companies and holdings that own the complete chain have the least decline. In the steel and petrochemical chain, we seek to maintain this structure through an investment mechanism.

He added: “With the capital market approach, we are trying to move towards professionalism in the appointment of managers, participate in investments that are profitable, and take the necessary measures in the field of transparency. In the current business environment, it is difficult to conduct transparent transactions, but this does not mean ignoring the principles of transparency.”

Panahi, stating that our companies use knowledge-based methods to predict the future, continued: “One of our priorities is to utilize technology and cooperate with knowledge-based companies. In the field of power plants, despite economic challenges, we are seeking to use new financial and technological tools for future vision. In the field of renewable energy, our subsidiary Atiyeh Niroo Company is also seeking to enter the market, and this is a priority for us.”

He also referred to the way of interacting with local stakeholders and said: “When firms operate in cities, we have various stakeholders, including the governor’s office and local representatives.” Our effort is to comply with governance guidelines in the field of appointment of managers and investments and to stay away from political harm. The interference of some officials is natural, but it does not hinder our management actions.

Emphasizing transparency and specialization, Panahi added: Each management team has its own policy, but in our group, transparency and specialization are basic and unchangeable principles. My experience in various institutions and even political sectors has shown that significant results have been achieved with this approach.

He continued: In the capital market, especially in areas such as the commodity exchange that establishes a link between political and financial economics, this same management style has produced desirable results. Of course, I leave the final judgment to market activists and observers.

Panahi concluded: If we place the corporate governance guidelines as the cornerstone of our management, which are the result of decades of domestic and global experiences, we will definitely continue on the path to success. Any team that follows this approach will achieve positive results.