Outgoing Leumi chairman lands Morgan Stanley post

Eitan Raff will begin his new role today.

Outgoing Bank Leumi (TASE: LUMI) Eitan Raff has been appointed as a senior advisor at Morgan Stanley Israel. He served 15 years as Bank Leumi chairman. The terms of his new job are not known.

Raff will serve in a part-time position, and begins today. "I am pleased to join Morgan Stanley," he said.

Morgan Stanley Israel country manager Ronny Golan welcomed Raff, saying, "Eitan brings added value with his many years experience and knowledge of the capital and financial markets. His experience will contribute to activity vis-à-vis existing customers and for the expansion of Morgan Stanley Israel's business by both deepening its current activities and by entering new fields."

Published by Globes [online], Israel business news - www.globes-online.com - on August 5, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

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