Sakhavat Asadi, on Tuesday (November 3), at the introduction ceremony of Hassan Nasr Isfahani, the new head of the oil industry pension funds, expressed gratitude for the efforts and services of Seyyed Mohsen Jamali, the former head of the funds, and emphasized the importance of maintaining the independence of the pension funds.
Maintaining Independence and Safeguarding Assets
Asadi stated at the ceremony: The oil industry pension funds are an independent entity with a specific mission towards active employees, retirees, and survivors of the oil industry. Maintaining the independent nature of these funds is one of the fundamental principles of their management.
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He also clarified: The resources and assets of the funds and their affiliated companies belong to the stakeholders, and safeguarding them is a matter of rights. All programs and decisions must be pursued with utmost precision, without wasting resources, and by maximizing the use of available opportunities.
Creating Added Value and Strengthening Insurance Sustainability
The chairman of the board of the oil industry pension funds referred to creating added value, strengthening insurance sustainability, enhancing healthcare and welfare services, and developing a data-driven corporate governance system, emphasizing the need to review and update guidelines in accordance with current needs.
Asadi also noted: The service-oriented nature of the operational components of the funds is of special importance, and processes must be reviewed in such a way that, while complying with laws and regulations, services are provided more quickly and with higher quality. In this regard, addressing administrative and procedural bottlenecks and reducing bureaucracy is of special importance.
He further mentioned the role of technology in enhancing services and emphasized: The development of electronic mechanisms alongside maintaining in-person services can reduce unnecessary visits, especially since commuting is difficult for many retirees in large cities.
Asadi regarded the representative offices of the funds across the country as the first service front and emphasized the need to equip and update the service space and electronic facilities of these offices. He added: The service environment must be commensurate with the dignity of the veterans of the oil industry.
In conclusion, he deemed it essential to strengthen policy-making and oversight over affiliated companies and stated: Fund members must have an effective and clear position in policy-making and oversight of assets. Asadi emphasized that the funds cannot be considered asset owners while downplaying their role in policy-making and oversight.
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