Index Investing News
Friday, May 30, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Yiftah Ron-Tal resigns as Migdal Insurance chair

by Index Investing News
November 10, 2022
in Financial
Reading Time: 2 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter

Following the resignation of Sagi Yogev as CEO of Migdal Insurance, after just a year in the post, because of differences of opinion with controlling shareholder Shlomo Eliahu, Yiftah Ron-Tal has now resigned as chairperson of the company after eighteen months.

In his letter of resignation, Ron-Tal wrote, “From the time that I took up the post, and throughout the period, I acted both to stabilize and improve the work of the board of directors, and to stabilize and advance the company, while maintaining strict corporate governance, in an extremely challenging and complex corporate and business environment. Unfortunately, the conduct in connection with the company’s ownership structure and the corporate governance that derived from it very much limited, and still limit, the required corporate independence of the board and management, and, as a result, the ability to act to stabilize the company and work for its strategic and business advancement.

“Unfortunately, the resignation letter of the company’s CEO Sagi Yogev of October 31 2022 describes well and accurately this problematic situation.”

Migdal Insurance Company parent company Migdal Insurance and Financial Holdings (TASE: MGDL) said in a statement, “The company denies the claims raised in the letter concerning the company and Migdal Insurance. The company is committed to implementing and promoting the principles of proper corporate governance and acts to advance the goals of the companies in the group, including Migdal Insurance, and to ensuring their stability and prosperity.”

Ron-Tal is the sixth chairperson to leave Migdal Inurance since 2014.

Published by Globes, Israel business news – en.globes.co.il – on November 9, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.




Source link

Tags: ChairInsuranceMigdalresignsRonTalYiftah
ShareTweetShareShare
Previous Post

Boutique Transportation Services Now Part Of Pacaso Owner Amenities

Next Post

High-end luxury rental prices are astronomical, says Douglas Elliman’s Lorber

Related Posts

NetEase shares close to report excessive as China’s Gen Z embraces video games

NetEase shares close to report excessive as China’s Gen Z embraces video games

by Index Investing News
May 30, 2025
0

NetEase Inc. shares are closing in on their first new all-time excessive in over 4 years, as a wave of...

Adani Ports’ Rs 5,000 Crore Bond Sale Attracts LIC’s Curiosity, Say Reviews

Adani Ports’ Rs 5,000 Crore Bond Sale Attracts LIC’s Curiosity, Say Reviews

by Index Investing News
May 29, 2025
0

Adani Ports & Particular Financial Zone Ltd.'s document rupee bond supply value Rs 5,000 crore noticed curiosity from Life Insurance...

India set to turn out to be third largest economic system by 2027: Piyush Goyal

India set to turn out to be third largest economic system by 2027: Piyush Goyal

by Index Investing News
May 29, 2025
0

Union Minister of Commerce and Trade Piyush Goyal mentioned on Thursday that India is on monitor to turn out to...

FSSAI asks meals corporations to take away “100 per cent” declare from labels

FSSAI asks meals corporations to take away “100 per cent” declare from labels

by Index Investing News
May 29, 2025
0

The Meals Security and Requirements Authority of India (FSSAI) has requested meals and beverage corporations to take away the time...

Infosys shares up 2% as dividend deadline looms: Final probability at present to purchase inventory for Rs 22 per share payout

Infosys shares up 2% as dividend deadline looms: Final probability at present to purchase inventory for Rs 22 per share payout

by Index Investing News
May 29, 2025
0

Shares of Infosys Ltd rose as a lot as 2.3% to Rs 1,609 on Thursday, as traders scrambled to purchase...

Next Post
High-end luxury rental prices are astronomical, says Douglas Elliman’s Lorber

High-end luxury rental prices are astronomical, says Douglas Elliman's Lorber

The Arena Group Reports Record Revenue as Digital Advertising Grows 56% for the Third Quarter of 2022

The Arena Group Reports Record Revenue as Digital Advertising Grows 56% for the Third Quarter of 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

“No matter how you cut it, you’ve got to own Cisco” (2000)

“No matter how you cut it, you’ve got to own Cisco” (2000)

May 15, 2023
No pivot!

No pivot!

November 4, 2022
Roberta Smith on Life as an Art Critic and Retirement

Roberta Smith on Life as an Art Critic and Retirement

April 11, 2024
Hawks, Dejounte Murray finalizing four-year extension

Hawks, Dejounte Murray finalizing four-year extension

July 7, 2023
FTX and After: Regulation to Protect the Consumers?

FTX and After: Regulation to Protect the Consumers?

December 23, 2022
Tony Roberts, a Nonchalant Pal in Woody Allen’s Movies, Dies at 85

Tony Roberts, a Nonchalant Pal in Woody Allen’s Movies, Dies at 85

February 8, 2025
Target rallies after margins shine in Q2 despite a drop in sales

Target rallies after margins shine in Q2 despite a drop in sales

August 16, 2023
Confusions About Comparative Advantage – Econlib

Confusions About Comparative Advantage – Econlib

February 3, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In