At the end of a tenders process held at the Bank of Israel, Ms. Tal Harel Matatyahu will be appointed Deputy Supervisor of Banks and Head of the Technology and Innovation Division of the Banking Supervision Department.
Ms. Harel Matatyahu began working at the Bank of Israel 21 years ago, and has served in a range of positions at the Banking Supervision Department, including Chief of Staff for the Supervisor of Banks and Head of the Operations, Strategic, and Special Projects Unit, as well as Head of the Regulation (Bank-Customer) Unit. As part of her roles, Tal was responsible for, among other things, formulating and implementing the supervisory strategy, leading innovative projects in banking, including the current account switching system project, the "Money Mountain" project to locate lost bank accounts, the “Banking ID card” project, and more. In addition, Tal led various initiatives, such as frameworks for deferring payments during the Swords of Iron War and during the COVID-19 period, a digital education plan for senior citizens, a national publicity program on financial fraud, and more. Tal is a graduate of 2 senior management programs: the “Maoz” leadership program at Harvard Business School and the “Digital Leaders” program. Tal has a Bachelors degree in Law and a Masters degree in Business Management.
The Banking Supervision Department’s Technology and Innovation Division has an important function in: leading the supervisory, enforcement, and regulation policy regarding technology, cyber, and innovation, at banks and credit card companies; leading processes and projects that can bring banking in line with the changing environment, in a proactive and forward-looking manner; removing barriers in order to allow the combination of advanced technologies; identification and analysis of technological risks and transactions and defining requirements for hedging the risks, alongside recognizing the importance of an advanced financial system; promoting supervisory processes for the benefit of banking system customers, among other things by enhancing competition; and aligning with globally accepted standards.
Supervisor of Banks Mr. Daniel Hahiashvili said, “I commend Tal on her appointment to this important and challenging position. Her wealth of experience and range will continue to create considerable value at the Banking Supervision Department and I am sure that the Technology and Innovation Division under her leadership will continue to contribute to the advance of an innovative and efficient banking system environment and economy overall. The Banking Supervision Department will continue to adopt innovative and significant measures for the development and stability of the banking system, the welfare and trust of consumers and the competition in it. This, in a particularly challenging period in which the system is to lead and prepare for technological changes and deal with the challenges of the changing business environment.”
Tal Harel Matatyahu
Credit: Bank of Israel Spokesperson.
