Russak-Aminach was promoted last year to senior deputy of outgoing CEO Galia Maor, and aside from her position as head of the bank's business division, she replaces Maor when absent.
By appointing Russak-Aminach, who was also her personal aide, as senior deputy – Maor signaled that she viewed her as her replacement.
Hizkiyahu recently ended a successful tenure as Israel's supervisor of banks and has held talks with Yitzhak Tshuva and the Delek Group for a position with the company. Meanwhile, the talks have been suspended after Hizkiyahu decided to apply for the position of Bank Leumi CEO.
The search committee, headed by Leumi Chairman David Brodet, is scheduled to name the new CEO within a month's time.
According to Brodet, "The committee will be open to every application submitted by each individual who sees himself fit for the job and will review the applications impartially.
"The committee, to the extent needed, maintains the right to examine people it deems suitable for the position."
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