Bank Hapoalim Executive Shake-up: Head of Real Estate Sector Retires

In depth

Clara Zabarghal is retiring from her position as head of the real estate sector at Bank Hapoalim after 45 years at the bank, according to Calcalist, Globes, TheMarker and Bizportal. According to Globes, Zabarghal is 68 years old and has announced her retirement. According to TheMarker, she held the position for more than 20 years. According to Bizportal, Zabarghal has managed the sector since 2004.

Eyal Gilad, who serves as manager of the Jerusalem business center at the bank, will take her place. According to Bizportal, Gilad has worked at the bank for 23 years. According to Ice, the report on the retirement came a day after the report on the appointment of a new head of the mortgage department at Hapoalim.