The board of administrators of El Al Israel Airways Ltd. (TASE:ELAL) has appointed Levy Halevy as the corporate’s new CEO. Halevy, who at the moment serves as CEO of bank card firm ICC-CAL, will change Dina Ben-Tal Ganacia who introduced earlier this yr that she is stepping down.
Halevy has in depth expertise within the finance and know-how sectors. He has beforehand served in a variety of senior positions together with the pinnacle of Israel Low cost Financial institution’s know-how division, deputy CEO of Menora Mivtachim, head of Financial institution Hapoalim’s improvement division, and Malam Group CEO. However he has no earlier expertise within the aviation business or with an airline. Lately El Al CEOs have come by way of the ranks of the corporate or had earlier expertise with airways. The date on which Halevy will assume the submit might be introduced at a late date.
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Halevy will take up his place at a difficult time for the airline business. Over the previous two years El Al has benefitted from the distinctive circumstances available in the market with international airways lowering their operations in Israel and El Al having fun with exclusivity on sure routes and a very massive market share. Nonetheless, now, with the gradual return of international airways and the stabilization of the native business, the corporate is going through a way more difficult aggressive actuality than it has been accustomed to in the course of the disaster.
El Al chairman Amikam Ben-Zvi mentioned, “We welcome the appointment of Levy Halevy as CEO of El Al. Halevy brings with him wealthy and confirmed administration expertise alongside a deep understanding of the monetary and technological world. I’ve little question that along with El Al’s individuals, who’re our most essential asset, Halevy will lead the corporate to new heights. On behalf of the board of administrators and all El Al workers, I wish to thank Dina Ben-Tal Genancia for her tenure as CEO and her nice contribution to the corporate’s actions in recent times.”
Revealed by Globes, Israel enterprise information – en.globes.co.il – on September 21, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
