Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    Global Banking & Finance Review® is a global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure. Global Banking & Finance Review® operates a Digital-First Banking Awards Program and framework — an industry-first digital only recognition model built for the modern financial era, delivering continuous, transparent, and data-driven evaluation of institutional performance.

    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Iran's new leader, still silent, was elevated by the Revolutionary Guards
    Finance

    Iran's new leader, still silent, was elevated by the revolutionary guards

    Published by Global Banking & Finance Review®

    Posted on March 10, 2026

    5 min read

    Last updated: March 10, 2026

    Iran's new leader, still silent, was elevated by the Revolutionary Guards - Finance news and analysis from Global Banking & Finance Review
    Tags:FinanceGeopoliticsMarketsIranBanking

    Quick Summary

    Iran’s Islamic Revolutionary Guard Corps (IRGC) engineered the rapid elevation of Mojtaba Khamenei—long hidden behind the scenes and deeply enmeshed in IRGC structures—as supreme leader, signaling a hardline shift amid war and uncertainty, with his silence amplifying fears of militarization.

    Table of Contents

    • The Rise of Mojtaba Khamenei and the Revolutionary Guards' Influence
    • New Leader May Have Been Wounded in Strike
    • The Power Structure: Guards and the Beyt
    • Blunt Guards Message to Back Khamenei
    • The Assembly of Experts' Role
    • Concerns About Harder Line
    • Suppression of Opposition
    • Guards' Relationship with Mojtaba Khamenei

    How Iran's Revolutionary Guards Elevated Mojtaba Khamenei to Supreme Leader

    The Rise of Mojtaba Khamenei and the Revolutionary Guards' Influence

    By Parisa Hafezi and Angus McDowall

    DUBAI, March 10 (Reuters) - Iran's Revolutionary Guards forced through the choice of Mojtaba Khamenei as the new supreme leader, seeing him as a more pliant version of his father who would back their hardline policies, bludgeoning aside the concerns of pragmatists, senior Iranian sources said.

    Already very powerful, the Guards have gained yet greater sway since the war began and quickly overcame the misgivings of senior political and clerical figures whose opposition to the choice delayed the announcement by hours, the sources said.

    Adding to the concerns of those who opposed Khamenei's installation as supreme leader, he had still issued no statement by Tuesday evening, nearly 48 hours after his selection during a war that has killed more than a thousand Iranians.

    Khamenei's selection, engineered by the Guards, may add up to a more aggressive stance abroad and sterner internal repression, said the three senior Iranian sources, a reformist former official and another insider.

    Two of them said they feared the Guards' domination of the system would further transform the Islamic Republic into a military state with only a thin veneer of religious legitimacy,

    undermining an already shrinking support base and allowing less room to address complex threats.

    New Leader May Have Been Wounded in Strike

    Though an influential backroom operator for decades spent running his father's office, Mojtaba Khamenei remains an obscure figure to many Iranians and may have been wounded in the U.S.-Israeli strikes that killed his father.

    A state television anchor appeared to confirm widespread rumours Khamenei was hurt, describing him as a "janbaz", or "wounded veteran" of the Ramadan War, as Iran calls the current conflict. Reuters has not been able to confirm his condition.

    That - and security fears after his father's assassination on February 28 - may explain his silence since the 88-member Assembly of Experts announced late on Sunday that they had elected him as the country's supreme leader.

    The Power Structure: Guards and the Beyt

    Authority is most visibly held by the Guards and the supreme leader's office, known as the beyt, which operates a parallel system of influence across the bureaucracy.

    Any doubts over who was really in charge evaporated on Saturday when President Masoud Pezeshkian, part of a triumvirate mandated to rule during the gap between leaders, was forced into a climbdown after apologising to Gulf states for attacks. Senior Guards were furious at his apology, sources told Reuters.

    One of the three senior sources, who said the Guards were now running Iran, said the late Ayatollah Ali Khamenei had been able to rein in the corps, balancing its views against those of political and clerical elites in the system.

    But even assuming the new leader is well enough to take the helm, the Guards may now get the final say in major decisions in future, the source added.

    Alex Vatanka, a senior fellow at the Middle East Institute in Washington, D.C. said: "Mojtaba owes his position to the Revolutionary Guards and as such he is not going to be as supreme as his father was."

    Blunt Guards Message to Back Khamenei

    The choice of leader constitutionally belongs to the Assembly of Experts, but in both elections of a new leader since the Islamic Revolution of 1979, it has been swayed by the advice of other power brokers.

    When Ayatollah Ruhollah Khomeini died in 1989, the kingmaker was influential politician Ali Akbar Hashemi Rafsanjani, who told the assembly that Khomeini had whispered Khamenei's name to him on his deathbed.

    This time, the kingmakers were the Guards and they were a lot blunter in their messages, all five of the sources said. The Guards used the argument that the war required a fast process and selecting a candidate who defied the United States.

    The Assembly of Experts' Role

    Because their hall in the seminary city of Qom was bombed, the Assembly of Experts had to gather in a different - so far undisclosed location - and some of the members could not be present or even informed of the vote, said one member, Ayatollah Mohsen Heydari, on state television.

    The body reached its quorum of two-thirds, he said, without specifying how many had in fact taken part, with 85-90% of those present backing Mojtaba Khamenei.

    It was not clear how many of those not present might have backed or opposed him but the figures showed less than the unanimous decision the Guards may have hoped for.

    Concerns About Harder Line

    A group of ayatollahs had disliked the apparent hereditary succession and feared that the choice would alienate even many supporters of the ruling system, said two of the sources.

    Behind the scenes, some clerics and members of the political establishment were trying to push for an alternative in numerous discussions over the past week, one of the sources said.

    Suppression of Opposition

    However, the reformist former official said the Guards had threatened critics of Khamenei's accession. The Islamic Republic insider said the Guards had contacted members of the assembly, prompting objections, but in the end they felt compelled to support him.

    Khamenei's appointment was originally intended to be announced on Sunday morning, but only came late in the evening as a result of the lingering opposition to his choice, all five sources said.

    Guards' Relationship with Mojtaba Khamenei

    As head of the beyt for many years under his father, Mojtaba Khamenei had built very close ties with the Guards, particularly the second-tier commanders who have replaced the top generals killed in the war, one of the officials said.

    The upshot, said the reformist former official, will be a foreign and domestic policy moving in a more radical direction with the Guards finally having what they sought for years: full control.

    (Reporting by Parisa Hafezi; Writing b

    Key Takeaways

    • •The IRGC pushed through Mojtaba Khamenei’s appointment despite clerical and political hesitations, underlining its growing dominance in Iran’s power structure. (washingtonpost.com)
    • •Mojtaba, an obscure figure to many Iranians, holds deep ties to the IRGC and the Basij, effectively managing the Supreme Leader’s office (the beyt) for years. (en.wikipedia.org)
    • •His lack of public communication nearly 48 hours post-selection and unconfirmed reports of war-related injuries fuel uncertainty, raising concerns about increased militarization and reduced clerical legitimacy. (washingtonpost.com)

    References

    • Mojtaba Khamenei chosen as Iran’s supreme leader, securing hardline rule - The Washington Post
    • Mojtaba Khamenei

    Frequently Asked Questions about Iran's new leader, still silent, was elevated by the Revolutionary Guards

    1Who is Mojtaba Khamenei?

    Mojtaba Khamenei is the newly selected supreme leader of Iran, chosen after the death of his father, with strong backing from the Revolutionary Guards.

    2How might Mojtaba Khamenei's leadership affect Iran's policies?

    Khamenei's selection is expected to lead to a more aggressive foreign policy and increased internal repression, with the Revolutionary Guards gaining greater power.

    3What is the significance of the Assembly of Experts in choosing Iran's leader?

    The Assembly of Experts formally selects the supreme leader, but this process is heavily influenced by powerful groups like the Revolutionary Guards.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Image for Haleon makes oral-health push in China as other Western brands falter
    Haleon makes oral-health push in China as other western brands falter
    Image for UBS urges US judge to curb liability for Nazi-linked crimes
    UBS urges US judge to curb liability for nazi-linked crimes
    Image for Macron to host G7 leaders call on Iran crisis, energy prices
    Macron to host G7 leaders call on iran crisis, energy prices
    Image for Satellite firm extends Middle East image delay to prevent use by US adversaries
    Satellite firm extends middle east image delay to prevent use by US adversaries
    Image for Higher oil prices will not spur more US production, oilfield services company Patterson-UTI says
    Higher oil prices will not spur more US production, oilfield services company Patterson-UTI says
    Image for Iran arrests dozens, including foreign national tied to US and Israel, state media reports
    Iran arrests dozens, including foreign national tied to US and Israel, state media reports
    Image for Gerresheimer delays 2025 results release to June, stock to be removed from SDAX
    Gerresheimer delays 2025 results release to June, stock to be removed from SDAX
    Image for Trading Day: Role reversal, as Wall Street lags
    Trading day: Role reversal, as wall street lags
    Image for Exclusive-Chevron, Shell closing in on first big oil production deals in Venezuela since US captured Maduro, sources say
    Exclusive-Chevron, shell closing in on first big oil production deals in venezuela since US captured maduro, sources say
    Image for Brazil drugmaker EMS eyes overseas deals after buying Sanofi unit
    Brazil drugmaker EMS eyes overseas deals after buying sanofi unit
    Image for Bayer takes its multi-front battle on pesticide liability to Kansas
    Bayer takes its multi-front battle on pesticide liability to kansas
    Image for Zelenskiy says Ukraine's military hit key Russian missile plant in Bryansk region
    Zelenskiy says ukraine's military hit key Russian missile plant in bryansk region
    View All Finance Posts
    Previous Finance PostGerresheimer delays 2025 results release to June, stock to be removed from SDAX
    Next Finance PostTrading day: Role reversal, as wall street lags