International: Head of Retail Division Ron Grisaro to Retire from the Bank

Bank Hapoalim announced that Ron Grisaro, Senior Vice President and Head of the Retail Division, will retire from the bank after about a decade. Grisaro joined in 2017 and was appointed to his current position in 2021. His retirement adds to a wave of departures in the banking system.

Bank Hapoalim announced this morning (Thursday) that Ron Grisaro, Senior Vice President and Head of the Retail Division, will retire from the bank after about a decade of senior roles in the group. Grisaro joined the bank in 2017, and in 2021 was appointed Senior Vice President and Head of the Retail Division. In his role, he was responsible for the branch network, call center, retail credit, mortgages, sales and service, marketing and advertising, as well as payments and small businesses. The bank noted that he led modernization and digitization processes in the division. His retirement adds to a wave of departures in the banking system, including the sale of One Zero shares, the entry of Revolut, and the departure of other senior executives, including Clara Zvargel from Bank Hapoalim.