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Deputy Economy Minister Mohammad Ali Dehqan-Dehnavi was appointed Tuesday as new managing director of the Securities and Exchange Origination by the High Council of Securities and Exchange. 
Dehnavi succeeded Hassan Qalibaf-Asl who tendered his resignation to Economy Minister Farhad Dejpasand last week amid turmoil in the stock market and growing protests by retail investors against his performance, the Securities and Exchange News Agency reported. 
A former board member of Bank Maskan, the state-owned housing lender, Dehnavi is a faculty member of the Financial and Banking Department of Allameh Tabataba'i University. He holds a PhD in economic science from Tarbiat Modares University.   


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