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Press Releases

Round of appointments at Bank Leumis management

Shmulik Arbel appointed Deputy CEO and Head of the Banking Division, Ronen Agassi appointed Deputy CEO and Head of the Corporate Division

Additional appointments: Bosmat Ben-Zvi - Head of the Capital Markets Division, Liat Shuv - Head of the Risk Management Division, Jaime Schcolnik - Head of Leumi Technologies Division and Avivit Klein - Head of the Human Resources Division.

 

Eilon Dachbash, Head of the Banking Division, Shay Basson, Head of Leumi Technologies Division, and Hilla Eran-Zick, Head of Human Resources Division, announced their wish to end their tenure.

 

Bank Leumi announced today (December 2, 2020) a series of appointments to the Bank's management: Shmulik Arbel, who currently serves as Head of the Corporate Division, will be appointed deputy CEO and Head of the Banking Division. He will replace Eilon Dachbash, who announced his wish to leave the Bank after 17 years of serving in a variety of positions and after completing his term as Head of the Banking Division. In his new position, Mr. Arbel will also be responsible for Pepper, in order to continue the development of this important retail growth engine. Ronen Agassi, Head of the Capital Markets Division, will be appointed Deputy President & CEO and Head of the Corporate Division in lieu of Mr. Arbel. Bosmat Ben-Zvi, Head of the Risk Management Division, will be appointed Head of the Capital Markets Division in lieu of Mr. Agassi. Liat Shuv, Head of the Compliance Department at Leumi, will replace Ms. Ben-Zvi as Head of the Risk Management Division. Jaime Schcolnik, Head of of the Cyber Division & CISO, will be Head of the Leumi Technologies Division, replacing Shay Basson, who announced his wish to leave the Bank after 4 years of service.  The new appointments will take effect on January 1 2021.


An additional change is expected in the Human Resources Division starting in April 2021: Hilla Eran-Zick, Head of the Human Resources Division, will leave the Bank after approximately 30 years at Leumi in a variety of positions. Avivit Klein, Deputy Head of the Human Resources Division, will replace her.


Leumi President and CEO Hanan Friedman said: “I believe that changes in top executive positions are part and parcel of an organization’s healthy growth process. The changes in Leumi's leadership will boost proactivity and help us leapfrog towards New Banking. These newly appointed individuals are experienced, creative and highly motivated to ensure Leumi's continued leadership in an era in which the banking world is undergoing a veritable revolution. Most members of Leumi's management have been working with the Bank for a good number of years and are ready to move on to new positions; they have also grown managers who are able to advance and replace them. I am proud and pleased to have all the appointments to management come from within Leumi, and have no doubt that each of the appointees is the most appropriate for Leumi at this time and will continue the Bank's growth process during this complex period."


Friedman added: "I would like to wish great success to all members of management who will soon change their positions as well as to those joining Leumi's management team. I would like to thank Hilla Eran-Zick for almost three decades of making a significant contribution to Leumi, in the variety of positions she has held. I would like to thank Eilon Dachbash for the series of positions he has held at Leumi and the creativity, positive spirit and sweeping energy he has brought to each position; I would also like to thank Shay Basson, who has led Leumi Technologies to a long series of extraordinary achievements."