A Joint Meeting Of The Audit And Risk Committee Of Parsian Oil And Gas Holding And Shiraz Petrochemical Company Was Held

Hosted by Shiraz Petrochemical Company, a joint meeting of the Audit and Risk Committee of Parsian Oil and Gas Holding and the Audit and Risk Committee of Shiraz Petrochemical Company was held at the company’s premises, focusing on improving productivity, risk management, and process improvement.
The meeting was attended by members of the boards of directors of both companies, members of the audit and risk committees of both companies, including Dr. Rahim Esmaeili Dana, Vice Chairman of the Board of Directors of Parsian Oil and Gas Holding and Chairman of the Audit Committee and member of the Risk Committee; Dr. Masoudi, Chairman of the Risk Committee and member of the Board of Directors of Shiraz Petrochemical Company; Mr. Zarei, Director of the Complex; Mrs. Ghiasi, Director of Internal Audit of Parsian Oil and Gas Holding; and a group of managers of both companies. The latest developments and challenges in the field of internal audit and risk management were discussed, and common solutions were discussed to improve performance and improve processes, with an emphasis on optimizing internal control mechanisms, improving processes, and complying with up-to-date standards with the aim of increasing the efficiency and effectiveness of processes. The main topics were raised by the Director of Internal Audit of Shiraz Petrochemical Company, Ms. Dr. Javadi, and the members present at the meeting presented their views and opinions on the issues raised.
Considering the high position of Shiraz Petrochemical Company as one of the leaders of the petrochemical industry in the country, the importance of implementing and executing risk management in this company was emphasized, and the need to benefit from its valuable knowledge and experiences in order to improve the performance and reduce possible risks of other subsidiaries of the holding company was considered.
This meeting was of great importance, given the high importance of improving productivity and risk management and improving processes in the petrochemical industry. The results obtained can contribute significantly to improving performance, strengthening internal control systems, increasing transparency in performance, and improving productivity of Shiraz Petrochemical Company and other subsidiaries of Parsian Oil and Gas Holding.