Mehdi Jahangiri

  • Banker
  • Economist
  • Entrepreneur
  • Tourism Bank
  • Tourism Financial Group
From childhood to founding one of the largest financial groups in Iran.

Who is Mehdi Jahangiri?

His father, Hassan Jahangiri, was a mineworker in Abdasht chromite mine in Esfandagh, but after his birth, he moved to Sirjan and lived there until his death in July 2009. He is the youngest member of the family and one of the five brothers of the Jahangiri family.

Mehdi Jahangiri earned a Bachelor’s degree in Public Administration and a Master’s degree in Business Administration and is pursuing a doctoral degree in International Economics.

Mehdi Jahangiri was the founder of the Tourism Bank in 2010 in Tehran. This commercial bank focuses on the tourism industry by providing loans, credit facilities, and investment products besides conventional products. Tourism Bank is an official United Nations World Tourism Organization (UNWTO) Member.

Tourism Bank is a subsidiary of Tourism Financial Group, which is also active in real estate development, oil and gas, petrochemical, and mining businesses. 

Iran’s Cultural Heritage and Tourism Investment Company, also known as Semga, is a subsidiary of the Jahangiri management, registered in July 2008 with a capital of 20 billion Tomans. It has managed to create six large satellite companies in a short period.

In 2006, Iran Tourism Financial Group built Iran’s 1st cliff hotel in Kandovan village.

In 2015, Jahangiri, as chairman of Aria Ziggurat, signed an agreement with a significant French hotel, Accor Hotels, in the first deal of its kind since Tehran reached an agreement with world powers on its disputed nuclear program to use the Novotel and Ibis brands for 15 years. The two firms did not publicize the amount of the contract.

In 2017, Jahangiri became the Chairman of the Board of the newly established joint chamber of commerce between Iran and Greece, increasing the bilateral trade to €3 billion over three years.

Jahangiri was the director of Iran’s Cultural and Tourism Investment company, known as Semega, established in June 2009 with a capital of 20b tomans (more than $5m).

Mahdi Jahangiri has been on the board of directors at Bonab Steel Industry Complex, Iran’s Handball Federation, Negin Gardeshgari Tourism Company, and Mahan Mines and Industry Development Holding.

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