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The CEO of the Tel Aviv Stock Exchange (TASE), Ittai Ben-Zeev said that “we hope that the trend of more and more Israeli companies making an IPO at TASE by raising equity and debt will continue, and that these will be invested in creating employment opportunities – particularly in the north and south of Israel, and not just in Tel Aviv”. He added that “if we look at what is meant by managing a public company and conducting business on the capital market – part of this is that your performance comes under scrutiny every quarter. As a generalization, it can be said that there are many parties in the state of Israel that can learn from the conduct of public companies; whereby not only do policy and strategy have to be reported, but also results have to be presented. As a public exchange, we see considerable importance in economic development and in assisting entrepreneurs and others so that they can continue developing the economy and achieving wondrous things”.
Prior to ringing the opening bell, he said that “it is only on rare occasions that the opening bell is rung at a physical location other than the TASE building. We usually conduct such a ceremony when a company makes an IPO, and we have almost 500 such companies on TASE, or when a milestone event in a public company’s life is celebrated. It makes a pleasant change to hold the ceremony outside the TASE building and the Sderot Conference is an excellent venue for opening the trading”.
Pictured right to left: Conference’s President-Founder,Maj.-Gen (res.) Uzi Dayan; Chairman of Sapir College’s Management Board, Adv. Gilead Sher; Sapir College’s President; Prof. Omri Yadlin and TASE’s CEO, Ittai Ben-Zeev.
Photo free of charge: Shahar Magal
