Non-Profit Bank "Agan" Appoints Senior Executives from Banking Sector
Translated & summarized from Ice by baba
The non-profit bank "Agan" has appointed Keren Fox as CTO, Sarit Vistuch as Chief, and Aviv Rabin as Chief Accountant. These senior hires from Israel's banking and financial sector are part of "Agan's" preparations to establish the country's first non-profit bank. CEO Sagi Balasha highlighted their experience as crucial for the bank's launch and mission.
The story in 5 lines · by baba
- "Agan" bank appointed Keren Fox, Sarit Vistuch, and Aviv Rabin to key executive roles.
- The new hires bring extensive experience from Israel's banking and financial sectors.
- "Agan" is preparing to launch Israel's first non-profit bank.
- The appointments are seen as a critical step towards obtaining a banking license.
- The bank aims to be a fair and transparent institution serving the public.
The non-profit bank "Agan" announced on Sunday a significant strengthening of its management team, recruiting senior executives from the banking and financial sector as it prepares to establish Israel's first non-profit bank. Keren Fox has been appointed Chief Technology Officer, tasked with developing the bank's technological strategy and infrastructure. Fox brings over 30 years of experience in technology leadership roles within the financial sector, including previous positions at Altshuler Shaham and Isracard.
Sarit Vistuch has been appointed Chief, bringing more than 30 years of legal and management experience in the banking system. She previously served for approximately 20 years as a senior executive and chief legal counsel at Bank Jerusalem, where she led strategic processes, mergers, acquisitions, and risk management.
Aviv Rabin will serve as the new bank's Chief Accountant, with about 20 years of experience in banking and accounting, including 15 years in senior management roles at Bank Leumi. His prior roles included head of the credit department and leadership in financial planning and budgeting.
Sagi Balasha, CEO of "Agan," stated that the addition of these experienced professionals is a critical milestone in their preparation for obtaining a banking license and launching the bank. He emphasized that their expertise in law, accounting, and technology will ensure the successful launch of a fair and transparent non-profit bank for the public.