Women Running Banks Is the Norm in Israel

(American Banker) Rakefet Russak-Aminoach - Three of Israel's leading banks are currently led by women, myself included. At Bank Leumi - which I have had the privilege to lead for the past five years - more than 40% of the top management are women. This is in addition to the governor of the Bank of Israel, the supervisor of banks, and the director of the capital markets, insurance and savings authority - all of whom are women. We, as a country, have been fortunate to bear witness to a string of powerful women who influenced this nascent society in its early days. Women were encouraged to become political leaders, farmers, founders of kibbutzim and rural and urban communities, cultural and literary luminaries, and managers within the budding national economy. Israeli culture encourages women to shake off old notions of passivity and obedience and to engage as equals with men academically, professionally, and in the military.


2017-10-27 00:00:00

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