The Board of Directors of Bank Leumi (TASE: LUMI) has appointed Samer Haj-Yehia as its new chairman. He will replace David Brodet who steps down at the end of July. Dr. Haj-Yehia, 50, has served as a lecturer in economics at MIT, Harvard University, the Hebrew University of Jerusalem and the Interdisciplinary Center (IDC) Herzliya. In the business world, he has served as VP Financial Engineering at Fidelity Investments, sits on the board of directors of Strauss Group Ltd. (TASE:STRS) and also chairs the Audit Committee of Hadassah Hospital in Jerusalem and is a member of the Council for Higher Education of Israel. He was the first-ever Arab to sit on the board of one of Israel's major banks. RELATED ARTICLES Leumi CEO in talks to become high tech fund partner Leumi CEO Rakefet Russak-Aminoach to step down Leumi's new chairman: Breaker of glass ceilings Dr. Haj-Yehia's appointment comes on the same day that CEO Rakefet Russak-Aminoach said that she is stepping down after seven years as Bank Leumi's CEO. Published by Globes, Israel business news - en.globes.co.il - on June 30, 2019 © Copyright of Globes Publisher Itonut (1983) Ltd. 2019