The Commissioner of the Capital Market, Dr. Moshe Barkat, has not yet decided whether he intends to grant to the real estate company Alrov The control permit inClal Insurance However, the acquisition attempt has direct effects on Alrov. Zion KeinanThe former CEO of Bank Hapoalim, announced his retirement from the company’s board of directors only four months after being appointed a member.
Alrov did not elaborate on the circumstances that led to Keinan’s resignation, but it seems that the reason for the resignation is that Keinan is a partner in a new venture that will focus on providing supplementary loans in the mortgage field and is expected to serve as its chairman. In the field of mortgages, Itai Moktov, a former nostro investment manager at Clal Insurance, is also a partner in the venture.
At the same time, Alrov announced that Georgi Akirov, the son of the controlling owner of the real estate company, Alfred Akirov, had decided not to take advantage of his entitlement to continue his holdings in Luca, a company that manages luxury hotels abroad. Akirov Jr. serves as Luca’s CEO and holds 15% of its shares, with Alrov holding 80%. Reggie waived the holding rights in the shares, but was given a year to put his share in the financing of the company.Now, as stated, he waived that right.