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Israel’s First International Bank names new CEO

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A man speaks on his mobile phone as he walks in front of a First International Bank of Israel branch in Jerusalem January 27, 2014. REUTERS/Baz Ratner

JERUSALEM, Aug 13 (Reuters) – The First International Bank of Israel (FIBI) (FIBI.TA) said on Sunday its board nominated Eli Cohen as the bank’s new chief executive.

Cohen, 49, will succeed Smadar Barber-Tsadik, who in May said she would step down after 16 years as CEO and 20 years in senior positions at the bank.

Cohen has been with FIBI, Israel’s fifth-largest bank, for 20 years and has been serving as head of its risk management division since 2019.

Reporting by Steven Scheer
Editing by Frances Kerry

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