Bank of Israel Governor Prof. Amir Yaron today announced his decision to appoint Ms. Shulamit Geri to the position of Director General of the Bank of Israel.  Ms. Geri will take up the position on September 21, 2020, when outgoing Director General Mr. Hezi Kalo steps down.  The Governor made the decision after interviewing a small number of candidates that were proposed for his examination by the search committee led by the Deputy Governor.

 Ms. Shulamit Geri has served until recently as Vice President of Administration and Finance at the Weizmann Institute of Science.  As part of her position, she managed the Institute, which has about 2,000 students and about 1,700 graduate students.  Geri managed significant budgets and led large projects in the areas of infrastructure and building, purchasing, streamlining, and business continuity.  In her previous position, she served as the Weizmann Institute’s legal counsel, after establishing the Institute’s legal office.  In addition, as part of her position, she was a member of a number of Board of Directors committees, the Weizmann Institute’s investment committee, and the administrative board of the Davidson Institute for Science Education.  Before that, she served as an attorney in the civilian commercial field at law firms and in the private market.

.  She lives in Tel Aviv, and is married with three daughters.

 Bank of Israel Governor Prof. Amir Yaron said, “I welcome the appointment of Shulamit Geri as Director General of the Bank.  I am convinced that her rich experience and tremendous knowledge in management, as well as her proven ability to lead significant projects and administrative processes, will be of tremendous help to the Bank of Israel in achieving its goals.  I am pleased by Shulamit’s readiness to take on this important role, and I wish her tremendous success.  In addition, I would like to thank the outgoing Director General, my friend Hezi Kalo, for his immense contribution to the Bank and for his intensive work over many years on behalf of the State of Israel.  I would also like to thank the members of the search committee for their work.”

 Incoming Director General Shulamit Geri said, “It is a great honor to me to join the Bank of Israel, one of the most important and respected institutions in the State of Israel.  I take on the position with a sense of mission and a deep understanding of the responsibility that comes with this position.  We are in a complex period that requires us to meet considerable challenges.  I am convinced that, with the leadership of the Governor and together with the Bank’s management and devoted employees, we will meet these challenges successfully for the good of the State of Israel and its citizens.”

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A photograph is attached for your use.  Credit: Itai Balason, Weizmann Institute of Science.​​