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Company profile

The Shade Leasing Co. was registered with Iran's Office of Registration of ‎Companies on October 13, 2000, under permit #167151, and is active as the ‎third private leasing company in Iran. The Shade Leasing Co. is a founder ‎member as well as a member of the board of directors of the Association of ‎Leasing Companies of Iran. It officially joined the consumer leasing ‎department of the Finance and Leasing Association of England on January 1, ‎‎2003. The company's registered capital is 50 billion rials. The Shade Leasing ‎Co. is the first company of its type in Iran that provides consumer leasing ‎arrangements in order to meet the needs of ordinary people for such ‎consumer goods as household items and personal computers. ‎

The management team

The company is run by a team of distinguished and experienced managers ‎from the industry, academia, and banking and financial sector. The team is ‎also backed by domestic and foreign consultants who contribute to planning ‎and systems design. ‎

The curriculum vitae of directors:

Mohammad-Hasan Estehghari, born in 1950, holds a master's degree in ‎industrial management from Tehran University, and a bachelor's degree in ‎industrial accounting from the Supreme Institute of Accounting. He is an ‎official accounting and auditing consultant to the ministry of justice and a ‎member of Iran's Association of Certified Accountants, with the title of ‎‎"independent accountant". His professional career includes the following ‎positions: member of board of directors, and deputy managing director of ‎Butane Co., member of board of directors of Kurd Group, managing director of ‎Green Energy Industrial Group, chairman of the board of directors of Shade ‎Leasing Co., Bahar Building Industries Development Co., Gas Products ‎Development Co., Butane RAN, Butane International, ServiGas, Gas Product, ‎Butane Afghanistan, Andukhteh Farda, Asia Energy Development, and Mehr ‎Gas Industries Development Co. ‎

Hasan Kalhor, born in 1953, holds a master's degree in financial management ‎and a bachelor of accounting from the Petroleum Company College of ‎Accounting. He is a member of Iran's Association of Certified Accountants, ‎founding group and board of directors of Leasing Association of Iran, and the ‎Finance and Leasing Association of England. He holds teaching positions at ‎Shahid Beheshti, Islamic Azad, and Economic Affairs universities, and the ‎Supreme Banking Institute. He has penned several publications on monetary ‎and banking issues. His professional career includes the following positions: ‎managing director and member of board of directors of Shade Leasing Co., ‎member of board of directors of Bahar Building Industries Development Co., ‎and managing director and member of board of directors of Laleh Naqsh Co. ‎He is a consultant to the plan for the strategic reform of banks and has 25 ‎years of experience in various management and consulting position at Tejarat ‎Bank. ‎

The staff

The 20-strong staff as the human capital of the company rank among the ‎most experienced managers of the banking industry as well as experts from ‎various other fields with academic training and high levels of technical ‎competency. As part of the company's development program the staff ‎undergo continuous training. ‎

Financial planning and reporting systems

The Shade Leasing Co. is among the few leasing companies in Iran with ‎financial planning and reporting systems that conform to the Kaplan standard. ‎The company issues complete mid-term and monthly reports. In addition, the ‎budgeting system is analyzed and controlled monthly with the view to the pre-‎set objectives, e.g. financial, stakeholder, processes and learning. ‎

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