Israel's First International Bank names new CEO

Israel's First International Bank names new CEO

Business

Israel's First International Bank names new CEO

JERUSALEM (Reuters) - The First International Bank of Israel (FIBI) (FIBI.TA) said on Sunday its board nominated Eli Cohen as the bank's new chief executive.

Cohen, 49, will succeed Smadar Barber-Tsadik, who in May said she would step down after 16 years as CEO and 20 years in senior positions at the bank.

Cohen has been with FIBI, Israel's fifth-largest bank, for 20 years and has been serving as head of its risk management division since 2019.