Bahman Naraghi, who joined Universal Pictures in 1995 from Credit Lyonnais as senior director, corporate development, has been named senior VP of planning and operations for the studio. He reports to chief operating officer Chris McGurk.
The newly created position will oversee all planning and business development activities for the motion picture group. Before joining U, he worked at French state-owned bank Credit Lyonnais in a variety of capacities and for four years worked as head of the Los Angeles-based media and entertainment group. He worked on then-CL holding MGM Inc., and was responsible for putting forth the new rebuilding mandate. Before that, he was head of the project finance division in Toronto and VP of the project finance division in Paris. He began his career with Groupe Electricite de France in Paris.