Itay Yanai איתי ינאי Email & Phone Number

Head of the Risk's management and SOX, Control, and public relations departments.• Head of the company's total risks array (strategic, and financial risks, information security, etc.) - identifying and estimating the risks the company will face and formulating the overall response for mitigating the risks.• Setting and applying the company’s control perception and supervising the second line controls. • Responsible for business continuity in the organization.• Responsible for the prohibition of money laundering and terror financing - characterizing and assimilating the AML system.• In charge of the SOX field in the company.• Responsible for the prevention of frauds and embezzlements. Notable achievements: The characterization and assimilation of a GRC system (Governance Risk Compliance), for managing and synchronizing all of the organization’s risks (modules in compliance, internal audit, procurement, information security, SOX, controls, and risks management).Ranked first among all insurance companies in the Ministry of Treasury’s service indices in all insurance lines in which the company operates by analyzing the risks, setting goals and standards for the organization while leading for improvement in the various categories.

Managerial responsibility for:• Responsible for comprising the company’s annual budget (with a business cycle of over 2 Billion shekels) and a multi-year budget. Responsible for leading the ongoing supervision of meeting the budget’s restraints and performing adjustments to the company’s activities for achieving the goals.• Responsible for negotiations with suppliers and a member of the company’s procurement committee. • Responsible for constructing and reinforcing the company’s employee rewards models.• Feasibility testing and initiating financial models in various subjects (products profitability, income projection, personnel standardization, outsourcing, procurement, etc.).• Head of the company’s administrative information array, which is responsible for producing different executive reports in multiple fields for the entire company.Notable achievements: Planning and executing efficiency processes in various fields resulting in savings of millions of shekels in the company’s expanses - rents, catering, outsourcing, personnel retribution, standardization, and more. Has conducted continuous supervision for meeting the company’s annual work plans, identifying the gaps and challenges in the performances, formulating solutions, and applying them, which resulted in double-digit growth of the company’s income and profitability each year.

Managerial responsibility for:• Head of the company’s investments back-office array (including a Nostro and participants’ 2billion-shekel portfolio). • Head of the company’s collection array. • Responsible for managing the company’s cash flow and bank relations. • Responsible for controlling the company’s payments to suppliers, customers, and employees. Notable achievements: Responsible for substantial improvement in collection percentage and reducing clients' debts by more than 30%. Contribute to reducing the company’s costs in portfolio management, credit card commissions, bank fees, and collection. Mechanizing the control processes, meeting the investment restraints, and supervising the performances of the investment portfolio.

• Responsible for devising the bank’s annual budget and budget control. • Responsible for the bank’s payments to suppliers, customers, and employees. • Member of the bank’s procurement committee. • Responsible for managing economic models, financing, analyzing the data, and producing business applications.

• Working with large databases and retrieving information by using advanced systems.• Providing support for the research department’s economists in the financial domain and applying the data in various statistical software.• Responsible for producing financial indices such as the combined index for the market condition.

Bachelor'S Degree, Accounting

Master Of Business Administration (M.B.A.)

Bachelor'S Degree, Economics