In an exciting turn of events, Professor Eugene Kandel, a distinguished member of Unispher’s advisory board, has clinched the presidency of the Tel Aviv Stock Exchange (TASE). This prestigious exchange, boasting a rich history as one of the oldest and largest in the Middle East, is a hub of financial activity with some fascinating facts woven into its narrative.
Kandel, renowned for his past role as an economic adviser to the Prime Minister and his leadership at the Israeli National Economic Council, now steps into the shoes of Sae Bane, the representative of MoneyKey, a major shareholder controlling 20 percent of the shares traded at TASE sites.
Established in 1953, the Tel Aviv Stock Exchange has played a pivotal role in shaping Israel’s economic landscape. Over the years, it has become a prominent platform for companies seeking capital and investors looking for lucrative opportunities. The exchange has witnessed remarkable growth, evolving into a dynamic marketplace known for its resilience and adaptability.
As Professor Eugene Kandel takes on the mantle of TASE’s presidency, the exchange remains a cornerstone of Israel’s financial infrastructure. Its continued influence echoes the nation’s economic prowess, and with Kandel at the helm, we eagerly anticipate the unfolding of a new chapter marked by innovation and prosperity in the world of high finance.