Former Bank Leumi Executive Joins Credit Group After 32-Year Tenure

Ronen Machlev, a former senior executive at Bank Leumi, has been appointed to lead the mortgage and credit advisory division at Credit Group. Machlev, 60, spent over 32 years with Bank Leumi, most recently serving as deputy director of the Northern District for mortgages for a decade. Prior to that, he managed all advisors for Bank Leumi from Hadera to Kiryat Shmona.

In his new role at Credit Group, which includes subsidiaries like Credit Clean, Credit Mortgages, and Credit Business, Machlev will be responsible for guiding private and business clients in mortgage and credit matters. His extensive experience in the increasingly complex and dynamic mortgage and credit sectors is expected to be a significant asset to the growing company.

Rami Kostakovsky, CEO of Credit Group, welcomed Machlev, stating that his addition represents a significant strengthening of the team, bringing rich and diverse experience in advisory services.