Recent Banking Sector Upheaval Leaves Israel Even More Bereft of Female Leaders
A recent Standard & Poor's report revealed that soon, of the 125 highest capitalized companies on the Tel Aviv Stock Exchange, only one will have a female CEO
Hagar Ravet | 16:05 22.07.2019
Despite a growing spotlight on workplace gender equality, Israel is seeing a decrease in the number of women heading companies listed on the TA-125 index, which lists the 125 highest capitalized companies on the Tel Aviv Stock Exchange, according to a recent report by Standard & Poor's. The report counts only three TA-125 companies—Israeli Banks Discount, Leumi, and First International Bank of Israel—that currently have female CEOs. Banking is currently the only TA-125 sector that even has female leaders, after over the past few years three real estate companies saw their female CEOs step down and replaced by men. announced their upcoming retirement. At least one of them, Asher-Topilsky, will be replaced by a man. A replacement has yet to be announced for Russak-Aminoach but current floated candidates are all men.