The role of Balli Group is to act as the holding entity of its trading companies, centralising Corporate Services and providing them with vision and strategic direction.

The following functions are performed at the Balli Group level.

• Ensuring continued availability and development of human resources
• Securing liquidity and availability of credit lines to the trading subsidiaries
• Establishing an efficient Group wide IT infrastructure
• Maintaining global corporate risk management services
• Ensuring compliance with the applicable laws and observing corporate values
• Arranging M&A and divestiture programmes

The above functions are the responsibility of both the executive and non-executive board directors, whose members include:

• Vahid Alaghband – Chairman
• Hassan Alaghband – Director
• Nasser Alaghband – Joint CEO
• Hossein Adle – Joint CEO
• Dr. Houshang Shams - Director
• David Spriddell – Finance Director

• Rt. Honourable Lord Lamont of Lerwick

The CEOs are also represented within the Group’s Executive Committee, who meet on a regular basis in order to discuss various aspects of the business, including trading, risk management, treasury and support functions as well as continuous performance monitoring and evaluation.

• Nasser Alaghband – Chairman
• Hassan Alaghband – Human Resources
• Hossein Adle – Non-Steel Operations
• Axel Kopp – Steel Operations
• Malou Toft – Steel Operations
• David Spriddell – Finance and Tax
• Britt Gustawsson – Risk Management and Legal
• Melis Erda - Treasury