Moshe Lari
Moshe Lari | |
|---|---|
| משה לארי | |
 | |
| Born | 1971 |
| Citizenship | Israel |
| Education | Economics and Accounting, Hebrew University of Jerusalem
master’s degree in Business Administration from Tel Aviv University |
| Organization | Bank Mizrahi-Tefahot |
| Known for | CEO of Bank Mizrahi-Tefahot |
| Children | 3 |
Moshe Lari (born 1971) is an Israeli accountant and the CEO of Mizrahi Tefahot Bank.[1][2][3]
Biography
[edit]Moshe Lari holds a bachelor’s degree in Economics and Accounting from the Hebrew University of Jerusalem and a master’s degree in Business Administration from Tel Aviv University. He is a certified public accountant. After completing his studies, Lari joined Tefahot Bank, where he served as the chief accountant.[4][5]
In 2005, Tefahot Bank merged with Bank Mizrahi to create Mizrahi Tefahot Bank. Within the new entity, Lari held various roles, including head of the Accounting Division.
In 2009, he was appointed as a vice president and a member of the executive team, initially serving as Chief Risk Officer (CRO) and later as head of the Planning, Operations, and Client Assets Division. In July 2012, he was also appointed chairman of Machish, the bank's technology division.[6]
In August 2013, Lari became head of the Financial Division and Chief Financial Officer (CFO) of the bank.[7][8] In this role, he was involved in structuring the merger between Mizrahi Tefahot Bank and Union Bank of Israel.[9][10][11]
CEO of Mizrahi-Tefahot Bank
[edit]On September 16, 2020, Lari assumed the role of CEO of Mizrahi Tefahot Bank. In September 2020, Mizrahi Tefahot acquired all shares of Union Bank. In addition to his role as CEO, Lari was appointed chairman of the Union Bank board and led its merger into Mizrahi Tefahot Bank.[12][3]
Under his leadership, the bank significantly increased its profits. In 2021, the bank doubled its profits, reaching a record of 3.2 billion NIS, yielding a 15.8% return on equity. In 2022, profits rose by 40%, achieving a return on equity of 20.1%.[13][14] By 2023, the bank's profits grew an additional 10%, with return on equity reaching 19.1%, totaling a record of 4.91 billion NIS.[15]
Personal Life
[edit]Lari resides in Jerusalem and is a father of three children.[16]
References
[edit]- ^ "Moshe Lary, Mizrahi Tefahot Bank LTD: Profile and Biography". Bloomberg News.
- ^ "Mizrahi-Tefahot CEO: "The 2025 budget must be professional, not driven by sectoral demands"". ctech. 2024-09-09. Retrieved 2024-11-05.
- ^ a b "Moshe Lari: Positions, Relations and Network - MarketScreener". www.marketscreener.com. Retrieved 2024-11-05.
- ^ "Moshe Lari". bdicode.
- ^ "Mr. Moshe Lari as the CEO of Mizrahi-Tfahot bank". www.mizrahi-tefahot.co.il. Retrieved 2024-11-05.
- ^ "יו"ר חברת מחיש של מזרחי-טפחות פורש מתפקידו | בנק מזרחי-טפחות". www.mizrahi-tefahot.co.il. Retrieved 2024-11-05.
- ^ "מינוי משה לארי למנהל החטיבה הפיננסית | בנק מזרחי-טפחות". www.mizrahi-tefahot.co.il. Retrieved 2024-11-05.
- ^ הנדלר, שניר (2013-07-22). "מזרחי טפחות: אושר מינויו של הסמנכ"ל משה לארי למנהל החטיבה הפיננסית". כלכליסט - www.calcalist.co.il. Retrieved 2024-11-05.
- ^ "בנק מזרחי הודיע: נחתמה עסקת רכישת בנק אגוד, עובדים יפוטרו". www.maariv.co.il (in Hebrew). 2017-11-28. Retrieved 2024-11-05.
- ^ "Moshe Lari appointed Mizrahi Tefahot CEO". Globes. 2020-08-06. Retrieved 2024-11-05.
- ^ ":: Boardroom Insiders ::". app.boardroominsiders.com. Retrieved 2024-11-05.
- ^ שטיין, רון (2020-09-16). "משה לארי נכנס לתפקיד המנכ"ל בבנק מזרחי טפחות". Globes. Retrieved 2024-11-05.
- ^ "בעקבות הרווח החריג: בונוס של 250 מיליון שקל לעובדי מזרחי טפחות". www.maariv.co.il (in Hebrew). 2022-03-02. Retrieved 2024-11-05.
- ^ "רווחי מזרחי טפחות זינקו אשתקד ב-40%, תיק המשכנתאות צמח ב-21 מיליארד שקל | כלכליסט". calcalist (in Hebrew). 2023-03-14. Retrieved 2024-11-05.
- ^ ליאור, גד (2024-03-12). "גם הרווחים של מזרחי טפחות והבינלאומי זינקו ב-2023". Ynet (in Hebrew). Retrieved 2024-11-05.
- ^ שטיין, רון (2020-06-08). "עכשיו זה רשמי: משה לארי מונה למנכ"ל החדש של מזרחי טפחות". Globes. Retrieved 2024-11-05.