The board of administrators of El Al Israel Airways Ltd. (TASE:ELAL) has appointed Levy Halevy as the corporate’s new CEO. Halevy, who presently serves as CEO of bank card firm ICC-CAL, will substitute Dina Ben-Tal Ganacia who introduced earlier this yr that she is stepping down.
Halevy has intensive expertise within the finance and know-how sectors. He has beforehand served in a spread of senior positions together with the pinnacle of Israel Low cost Financial institution’s know-how division, deputy CEO of Menora Mivtachim, head of Financial institution Hapoalim’s improvement division, and Malam Group CEO. However he has no earlier expertise within the aviation trade or with an airline. In recent times El Al CEOs have come by the ranks of the corporate or had earlier expertise with airways. The date on which Halevy will assume the submit will probably be introduced at a late date.
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Halevy will take up his place at a difficult time for the airline trade. Over the previous two years El Al has benefitted from the distinctive circumstances available in the market with overseas airways decreasing their operations in Israel and El Al having fun with exclusivity on sure routes and a very massive market share. Nonetheless, now, with the gradual return of overseas airways and the stabilization of the native trade, the corporate is dealing with a way more difficult aggressive actuality than it has been accustomed to throughout the disaster.
El Al chairman Amikam Ben-Zvi stated, “We welcome the appointment of Levy Halevy as CEO of El Al. Halevy brings with him wealthy and confirmed administration expertise alongside a deep understanding of the monetary and technological world. I’ve little question that along with El Al’s folks, who’re our most necessary asset, Halevy will lead the corporate to new heights. On behalf of the board of administrators and all El Al workers, I wish to thank Dina Ben-Tal Genancia for her tenure as CEO and her nice contribution to the corporate’s actions lately.”
Printed by Globes, Israel enterprise information – en.globes.co.il – on September 21, 2025.
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