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Cupboard approves Treasury finances chief, accountant common

whysavetoday by whysavetoday
January 11, 2026
in Business
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Cupboard approves Treasury finances chief, accountant common
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Israel’s cupboard at present accepted Minister of Finance Bezalel Smotrich’s two appointments for prime positions within the Ministry of Finance: Maharan Frozenfar will likely be appointed finances commissioner and Michal Abadi-Boiangiu will return for a second stint as accountant common.

Cupboard approval ends a protracted saga, which has left the finances division and not using a head in the course of the delicate interval by which the federal government has been attempting to go the 2026 finances. Six months have handed since Smotrich introduced that Frozenfar would exchange Yogev Gradus.

The appointment was repeatedly blocked by the Appointments Committee of the Civil Service Fee, citing Smotrich’s full refusal to fill senior positions within the Ministry of Finance with ladies. After the appointment was rejected on three earlier events, Smotrich’s entourage promoted an unprecedented deal: in trade for approving Frozenfar’s appointment to the Finances Division, Smotrich would appoint a lady as Accountant Basic. After interviewing a number of totally different ladies, Abadi-Boiangiu was lastly chosen, whose appointment was accepted by the committee. About two weeks in the past, Frozenfar was additionally accepted by the committee.

Smotrich stated, “Michal and Maharan have intensive expertise and broad imaginative and prescient, each in the private and non-private sectors. Each have excessive administration abilities, teamwork abilities, braveness, artistic pondering, countless love for the State of Israel and a willingness to surrender a fantastic deal within the personal sector with a view to return to the general public sector.”

Frozenfar beforehand served because the monetary advisor to the Chief of Employees and as head of the finances division on the Ministry of Protection, the place he was accountable for managing the protection finances and led strategic reforms within the discipline. After retiring from the IDF on the rank of brigadier common, he based a strategic and monetary consultancy agency, suggested key financial entities, and held joint possession in insurance coverage businesses. His appointment to the place required signing an intensive battle of curiosity settlement.

Abadi-Boiangiu has served thus far as chair of the EAPC group of firms, and he or she herself beforehand served as accountant common. She is a lawyer, accountant, and economist with intensive expertise within the authorities and monetary sectors, has held plenty of senior positions in the private and non-private sectors, and has served as chairwoman and director of key monetary and public entities.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on January 11, 2026.

© Copyright of Globes Writer Itonut (1983) Ltd., 2026.


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Tags: accountantapprovesBudgetCabinetchiefGeneralTreasury
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