Press release

Bank Leumi USA Appoints Carl Nelor Chief Information Security Officer

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Leumi USA
 today announced that it has named Carl Nelor its new Chief
Information Security Officer (CISO). In this role, Nelor heads the
bank’s Information Security Team and is responsible for leading the
execution and ongoing development of its Information and Cyber Security
programs. He reports to Martin Droney, EVP and Chief Information
Officer, and is based in New York.

Nelor joins Bank Leumi USA after a decade at Société Générale, where he
most recently served as Chief Information Security Officer for the
Americas region. He has extensive experience in information and IT risk
reduction, fraud prevention, data and reputation protection, management
consulting and profit center management. Over the course of his career,
he has designed and implemented more than 20 cyber security projects and
programs across 100+ global systems in order to strengthen the cyber
resiliency of the respective firms.

“Carl is an experienced leader who has built agile, risk-oriented and
business-focused cyber security systems from the ground up,” said
Droney. “Well versed in both the regulatory environment and the rapidly
evolving information security space, he is a key asset in protecting our
business and our clients.”

Nelor holds a Bachelor of Arts degree in Economics, a Master of Science
degree in Management and a Master of Arts degree in Sales Strategy and
Negotiation from the University of Paris. He also received a Master of
Business Administration degree in Finance from Fordham University and
completed the Massachusetts Institute of Technology’s Advanced
Management Program.

About Leumi

Bank Leumi USA (Leumi) is a full-service commercial and private banking
institution providing financial services to middle market firms, as well
as a full range of private banking solutions to domestic and
international clients. Leumi also offers a broad range of securities and
insurance products through its brokerage subsidiary, Leumi Investment
Services Inc. More information about Leumi is available at