tiprankstipranks
Company Announcements

Poalim Appoints New Chairman Amid Governance Restructuring

Story Highlights
Poalim Appoints New Chairman Amid Governance Restructuring

Discover the Best Stocks and Maximize Your Portfolio:

Poalim ( (IL:POLI) ) just unveiled an update.

Poalim has appointed Noam Hanegbi as the new Chairman of the Board, effective February 18, 2025, following the approval from the supervisor of banks. Hanegbi, who previously served as an external and independent director, will now continue in his role as an external director under Directive 301, impacting the bank’s governance structure by removing his independent status upon his appointment as chairman.

More about Poalim

Poalim, known officially as Bank Hapoalim, operates in the financial services industry, offering banking and financial products to a diverse clientele. It is a prominent player in the Israeli market, with securities listed on the Tel Aviv Stock Exchange.

YTD Price Performance: 15.56%

Average Trading Volume: 146

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $17.88B

See more insights into POLI stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1