trending Market Intelligence /marketintelligence/en/news-insights/trending/nSB7bWw7kJWEo0ya-1wqJA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Report: Bank Hapoalim CEO hands in resignation

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

Report: Bank Hapoalim CEO hands in resignation

Bank HapoalimB.M.'s CEO Zion Kenan handed in his resignation and will step downfrom his post in six months, Israeli newspaper Globes reported March 31.

It added that the lender's recently appointed COO and deputy CEO, Ari Pinto, isKenan's likely successor. According to Globes,the 60-year-old incumbent has spent 38 years at Bank Hapoalim and his contracthad been due to expire in 18 months.

Kenan's resignation comes in the wake of Israel's recentintroduction of a cap on bankers'pay, which was criticizedby Bank Hapoalim Chairman Yair Seroussi.