Ayalon Insurance Company
Mr. Yisrael David – Chairman of the Board
Holds a master's degree (MBA) in business administration, specialization in financing, from Bar Ilan University, and bachelor's degree in economics and business administration, magna cum laude, from Ben Gurion University. Serves as owner of a company for consultation and real estate investment ventures, as well as business consultation for companies. Served as CEO of CAL Company (Israel Credit Cards Ltd.), as deputy CEO of Discount Bank, Deputy CEO in charge of the Marketing and Strategic Planning at Discount Bank, as well as director at the Group's companies. He also served as senior assistant CEO and regional manager at the Banking Division of Bank Leumi and various additional executive positions.
Mr. Levi Yitzhak Rachmani
Mr. Rachmani began his course in the insurance sector at a family insurance agency, "Shlomo Rachmani & Sons Ltd.", which was founded in 1949 by his father, the late Mr. Shlomo Zalman Rachmani (Dermaberdicker). This agency represented, during many years, New Zealand Insurance Co. In 1964, he founded "Ashur Agency for General and Industrial Insurance Ltd." At this agency, Mr. Rachmani developed specialization in professional insurances such as engineering insurance, contractors insurance, liabilities insurance – professional liability, product liability, etc., which are an important part of the Company’s business foundation until this very day.
Mr. Rachmani completed courses and many continuing studies programs at insurance companies and leading reinsurers worldwide.
1. In 1976, he founded Ayalon Insurance Company Ltd., in collaboration with the New Zealand Company.
2. Served during many years as management member at the Union of Insurance Companies in Israel and chairman of the property and engineering sections at the Union.
3. Served during many years as a director at the Avner Corporation and member of the audit committee and reinsurance committee of Avner.
4. Israel's representative at IMIA – International Machinery Insurance Association, which engages and promotes issues in engineering and contractors insurance worldwide.
Mrs. Nechama Rachmani-Savron
Holds a bachelor's degree in English literature from Tel Aviv University. Diploma in English-Hebrew-English translation from Bar-Ilan University; MBA, magna cum laude, Derby University affiliate in Israel. Successfully completed insurance studies at the College of Insurance, underwent courses and continuing studies in the field of insurance, finances and capital market at insurance and finance companies in Germany and Switzerland.
Joined the family's insurance businesses in 1999, and until November 2014 served as CEO of Guard You Insurance Agency (2001) Ltd. and Ayalon Medical Risks Management Ltd., and also served as director at additional companies of the Ayalon Group.
Mr. Avi Yahav (outside director)
Holds a bachelor's degree in statistics and master's degree in political science and industrial management from Haifa University. Actuary studies at Haifa University (for a period of one year). Former colonel – Head of the Individual Dept., Human Resources Corps, IDF.
Serves as public representative at the Regional Labor Court, Haifa, as chairman of the board and CEO of Yahad Club – Consumer Club for Physicians Ltd., and as director, chairman of audit committee and member of credit committee at Discount Mortgage Bank Ltd. Controlling shareholder of A.A. Ventures Company.
Mr. Eitan Levi, CPA (outside director)
Holds a bachelor's degree in economics and accounting from Tel Aviv University (1987) and CPA (1990). Between 1990-2010, served in senior positions at insurance, pension and provident fund companies at the Phoenix insurance and finances group as accountant, CFO and deputy CEO investments, CEO of Phoenix Provident Funds and, in his last position, as deputy CEO of Phoenix Investments and Finances Ltd. In addition, served as senior management member and director at the various Group companies.
Served as director at Etgar Investment Portfolios Management Company, of the Mizrahi Tefahot Bank Group, and as chairman of the investments committee and outside director at the Managing Company of IEC Employees Study Fund.
Today, an entrepreneur and business manager, owns a private company that engages in business and financial consultation and investment banking. Serves as member of the investments committee at Haifa University. Lecturer in the field of financing and investments at academic institutions.
Mrs. Iris Danon (outside director)
Holds a bachelor's degree in economics and accounting from Tel Aviv University, master's degree in business administration from Derby University and master's degree in national security from Haifa University. Advises on wage agreements and labor relations. Completed a military position in regular service at the Budgets Division of the Ministry of Defense (Unit of Chief of Staff's Financial Advisor), at colonel rank.
Mr. Yonatan Dolberg
Graduate of industrial engineering and management at the Technion and MBA from Rutgers University, Graduate School of Management, NJ (specialization in financing and investments). Served as partner and senior investments manager at companies for management of investment portfolios, Ayalon Financial Solutions (2004) Ltd. and Orion Trust Funds Ltd., and as manager of independent trading field at IBI Stock Exchange Services.
Served as management member, member of investments committee and member of audit committee at Karnit – Fund for Compensation of Road Accident Victims (2014-2017).
Ayalon Insurance Company – member of investments committee (2010-2017). Chairman of nostro investments committee (as of 2017).
Partner and director at Sphere Debenture Strategy, hedge fund (as of 2017).