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Israeli Banks Consider Replacing Banking Association CEO Eitan Madmon Following WhatsApp Leak

How 3 Israeli newsrooms covered this story — translated into English and compared side by side.

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By גולן חזני, כלכליסט

First reported by Globes · Jul 18, 2026

What happened

Israeli banks are considering replacing Eitan Madmon as CEO of the Banking Association after a leaked WhatsApp conversation revealed internal discussions. The move comes amid criticism of Madmon’s handling of the sector’s public image and regulatory challenges. Bank leaders plan further talks before making a final decision.

01Israeli banks are exploring replacing Banking Association CEO Eitan Madmon.
02A leaked WhatsApp message from Bank Hapoalim’s chairman revealed internal talks.
03Bank leaders plan a closed meeting to discuss leadership changes without Madmon.
04Critics blame Madmon for failing to improve banks’ public image amid political pressure.
05Supporters cite unprecedented challenges during Madmon’s tenure as mitigating factors.
06Bank Leumi left and later rejoined the association during Madmon’s leadership.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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