Sarah Kendler Appointed Director General of Israel
Translated & summarized from Bizportal by baba
The story in 2 lines · by baba
- She was involved in significant capital market reforms.
- Her appointment comes amid challenges in market development and regulation.
Kendler, who currently heads the ISA's Audit and Enforcement Department, will succeed Oded Shapira, who announced his departure in December after seven years in the role.
Kendler is a long-serving senior official at the ISA, having been employed there since 2001. During her tenure, she held key positions including head of the Corporations Department, head of the Audit and Enforcement Department, Deputy Legal Advisor, head of the Legislation Unit, and senior advisor to the ISA chairman. She was involved in significant capital market reforms, such as restructuring the stock exchange, regulating rating agencies and trading platforms, and advancing technological innovation.
He also highlighted her excellent interpersonal skills, which he believes are crucial for the ISA's continued growth.
Kendler expressed gratitude for the trust placed in her and emphasized the ISA's dual role in developing and overseeing the market.
Kendler's appointment places an insider, familiar with both public company oversight and enforcement and regulation, in the top executive role. She assumes leadership at a time when the ISA faces the challenges of developing the local capital market, adapting regulation to technological advancements, and maintaining oversight of market participants.
