Israel Discount Bank of New York Appoints Uri Levin as CEO

5/10/17

Israel Discount Bank of New York (IDB Bank®) announces the appointment of Uri Levin as President and Chief Executive Officer, effective Friday, May 5, 2017. Levin brings years of experience in the global financial industry to the role, including time as Chief Financial Officer, Head of Planning, Strategy, and Financing at IDB's parent company, Discount Bank, Ltd. In his new position, Levin will be based in New York, and is committed to fulfilling the bank's promise of full-service banking through personal relationships.

"IDB has such a unique culture of being personal, which is apparent both with our clients and also, internally, with our colleagues," shared Levin. "We are large enough to give our clients whatever they need and small enough to offer them real personal service. I am proud to assume this new level of responsibility for the Bank, and our clientele."

After serving at various high-level management positions with Bank Hapoalim, including Executive Vice President in charge of corporate marketing, business development and strategy, Levin managed a global financial services group as CEO at ISP Group in Israel and Switzerland. In 2014, he joined Discount Bank Ltd. in Israel. His education and distinguished background have helped him prepare for his many leadership roles. A graduate of the Israeli Air-Force Aviation Academy, , he went on to study engineering and computer science at Tel Aviv University before earning his MBA at the London Business School.

"We succeed because of our trusted relationships with our clients, often over two and three generations," added Levin. "When our clients call the Bank they ask for their personal bankers by name. 'It's personal' is not just a slogan for us. It's a way of living and a way of conducting our business. It's what makes this bank so special."

IDB Bank is a New York State-licensed commercial bank and a member of the FDIC. In addition to its Manhattan headquarters and branch offices in Brooklyn, NY, Staten Island, NY, Short Hills, NJ, and a representative office in Long Island, NY the Bank also maintains full-service branches in Southern Florida and Southern California. IDB Bank provides a complete range of personal and commercial banking, trade services and deposit products to U.S. and international clients. Areas of expertise include Middle Market, Asset Based and Commercial Real Estate Lending, Factoring, Healthcare, Not-for-profit, Trade Finance, and U.S. and International Private Banking.

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