Ogen Appoints Banking Veterans to Lead Israel's First Non-Profit Bank

Ogen strengthens its management team with veteran financial executives as it moves forward with plans to establish Israel's first non-profit bank.

Ogen Appoints Banking Veterans to Lead Israel's First Non-Profit Bank
Photo-illustration WireIsrael: AI Generated

Ogen has strengthened its senior management team with key appointments from the Israeli financial sector as it advances its application for a banking license to establish Israel's first non-profit bank.

Keren Fox has been appointed Chief Technology Officer, tasked with shaping the technological strategy and building the digital infrastructure for the new institution. Fox brings over 30 years of experience in financial technology, having previously served as Chief Information Officer at Altshuler Shaham and head of development systems at Isracard, specializing in digital transformations, AI, and Big Data.

Advocate Sarit Vistuch has been named General Counsel, bringing more than three decades of legal and managerial experience in banking. For two decades, Vistuch served as General Counsel and Head of the Legal Department at the Bank of Jerusalem, where she managed strategic processes, mergers and acquisitions, and regulatory affairs with the Banking Supervision Department.

CPA Aviv Rabin joins as Chief Accountant, drawing on two decades of experience in banking and accounting, including 15 years in senior management roles at Bank Leumi, where he served as head of the credit division in the accounting department. Sagi Balsha, CEO of Ogen, stated that these senior appointments are a critical milestone in establishing a fair and transparent non-profit bank for the public.

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