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Ongoing Story· Day 5

Former Israeli Official Yankie Kuint to Chair Gas Firm NewMed Energy

2 developments

TheMarkerEconomy

Former Land Authority Director Kuint Joins NewMed Energy

Translated & summarized from TheMarker by baba

BusinessNeutral tone

Hebrew · 1 newsroom

Yanky Kuint, former director of the Israel Land Authority, will become chairman of the NewMed Energy gas partnership. Kuint, a prominent public servant, is expected to use his experience in his new role. This appointment aligns with businessman Yitzhak Tshuva's strategy of hiring former public officials to expedite bureaucratic processes.

The story in 4 lines · by baba

  • Yanky Kuint, ex-Israel Land Authority director, to chair NewMed Energy starting Sunday.
  • Kuint is a prominent public manager whose ILA tenure ends in late 2025.
  • His move follows businessman Yitzhak Tshuva's pattern of hiring former officials.
  • These hires aim to expedite government dealings for Tshuva's companies.

Yanky Kuint, until recently the director of the Israel Land Authority (ILA), will begin his new role as chairman of the NewMed Energy gas partnership in Herzliya on Sunday. Kuint, a lawyer by training, is considered one of the most prominent public service managers. His departure from the ILA is scheduled for the end of 2025, and many expected him to leverage his experience in real estate, as other former ILA senior officials have done. Kuint has met with many industry executives since leaving the ILA but has not ruled out opportunities in other fields.

Businessman Yitzhak Tshuva is known for his practice of hiring former public service, political, and media stars, not necessarily in their fields of expertise. These hires are tasked with immediate access to government ministers or director-generals, aiming to resolve issues within hours that would otherwise take months or years of bureaucratic effort.

TheMarkerOther · Tel Aviv

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