10th Jul 2015 14:40
LONDON (Alliance News) - Plaza Centers NV Friday said it has appointed Akiva Azulay as its new chief executive starting in August.
Azulay will replace Ran Shtarkman, who is retiring at the end of July.
Azulay most recently worked at Delek Group in Israel and has also held senior roles at AFI Europe and Bank Hapoalim.
"We are very pleased to welcome Akiva as the new CEO of Plaza. He is a proven leader with a great depth of experience, blending real estate and retail knowledge with exceptional business and financial acumen. His experience in Central and Eastern Europe, together with his most recent retail real estate role in the UK, means Akiva is well qualified to lead Plaza in the next stage of its growth," Chairman Ron Hadassi said in a statement.
Shares in Plaza Centers were trading up 14% at 3.56 pence Friday afternoon.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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