Feb 13, 2012

120213



Bank Leumi's veteran head Galia Maor (L) and Rakefet Russak-Aminoach who was named as the new chief executive officer attends a ceremony to open trading at the Tel Aviv Stock Exchange. Leumi, Israel's largest bank in terms of assets, named Rakefet Russak-Aminoach as its new chief executive officer, a month after Maor announced plans to resign. The appointment of Russak-Aminoach, 46, a senior deputy to Maor for the past eight years, is subject to regulatory approval and when confirmed would take effect once Maor steps down in May.

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