Migdal was established in 1934 in Jerusalem, by families of business people who operated under British rule, a group of Jewish families from Alexandria and the Italian insurance company Generali.
The name Migdal was created by the national poet Haim Nachman Bialik, as an expression to the strength and security Migdal provides its clients. The poet Shaul Tchernichovsky was the first doctor in the company.
During the 40's a bank that was later renamed the Bank Leumi LeIsrael, became a company shareholder. The business cooperation between Generali and the Bank Leumi LeIsrael was maintained since then.
Today the Migdal Group is owned by the public company " Migdal Insurance and Financial Holdings Ltd ". Whose shareholders (as of December 2007) are Generali (70%), Bank Leumi (10%) and the public (20%).
Board of Directors
Aharon Fogel, Chairman
Rachel Adatto
Yigal Bar Yossef- External Director
Eyal Ben Chlouch- External Director
Mel Carvill
Alessandro Corsi
Moshe Haba
Senior Executives
Yonel Cohen– CEO
Ronen Tov- Head of the Customers Unit
Amir Shelah- Deputy CEO, Head of Insurance Division
Ilana Bar- Deputy CEO, Legal Counsel
Giyora Genud- Deputy CEO, Head of Business Array
Gili Klein- Deputy CEO, Head of Division, Maestro CEO
Anath Levin- Deputy CEO, Head of Investments and Credit Division
Ronit Lavi - Deputy CEO, Head of Human Resources Division
Haim Rerr- Deputy CEO, Head of Claims and Operations Array and General Manager of Shamgad
Livio Steindler -Deputy CEO, Head of Reinsurance Discipline
Moshe Tamir -Deputy CEO, Head of Marketing & Business Development
Hava Salomon- Assistant to CEO, Risk Manager
Michal Leshem- Assistant CEO, Head of SOX 404 Discipline
Tali Cassif- Deputy CEO, Company Secretary and in Charge of Internal Enforcement
Gil Yaniv- Deputy CEO,Head of Headquarters and Cross-Organization Resource Unit
Leybush Ulmann - Assistant to CEO, Chief actuary
Bezalel Zucker - CEO of Migdal Makefet Pension and Providence Fund Ltd.
Omer Ziv- Chief Comptroller
Aryeh Yogev - CEO and Director in Mivtach Simon Agencies Management Ltd.
Eran Cserninski - Assistant to CEO, CFO, Head of Finance Division
Dan Lallouz- COB of Migdal Capital Markets (1965) Ltd.
Roni Liberzon- Assistant to CEO, Head of Control, Regulation, Organization and Methods and Intra-Organization Communication
Shlomo Handel- Chief Internal Auditor
Ombudsman: Zipi Neuman- 4, Ef'al Street, Kiryat Aryeh, Petach Tikva 49511 03-9168955
company site