Iran's new President Ebrahim Raisi named the chairman of a powerful state-owned foundation sanctioned by the United States as his first vice-president. Mohammad Mokhber has for years headed the foundation known as Setad or the Execution of Imam Khomeini's order.
Mokhber was appointed to the position by the supreme leader Ayatollah Ali Khamenei in 2007. The Setad was originally founded in the late 1980s to manage confiscated properties following the 1979 Islamic Revolution.
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