Rhea-AI Summary
Israel Discount Bank of New York (IDB Bank) has appointed Avner Mendelson as its new President & CEO, effective May 1, 2025. Mendelson brings over two decades of banking experience, notably serving as President & CEO of Bank Leumi USA and later as Vice Chairman at Valley National Bank following their merger in 2022.
The appointment follows a strong financial performance in 2024. Mendelson will succeed Ziv Biron, who has led the bank for the past 5 years. IDB Bank, the largest Israeli-owned bank in the United States, operates full-service offices in California, Florida, and the tristate area, providing private and commercial banking services to U.S. and international clients.
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FAQ
What is the current stock price of ISRAEL DISC BK (ISDAY)?
ISRAEL DISC BK (ISDAY) last closed at $119.62.
What is the market cap of ISRAEL DISC BK (ISDAY)?
The market cap of ISRAEL DISC BK (ISDAY) is approximately $14.6B.