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Bank Leumi USA Names Andrew Sherman General Counsel

October 4, 2018

NEW YORK--(BUSINESS WIRE)--Oct 4, 2018--Bank Leumi USA announced today that it has hired Andrew Sherman as its General Counsel. Sherman will manage the Legal department, partnering with business teams to help advance the bank’s strategic vision. He will also advise President and CEO Avner Mendelson, the Board of Directors and the senior management team.

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Andrew Sherman, Bank Leumi General Counsel (Photo: Business Wire)

Sherman has significant experience in regulatory matters, litigation, human resources, lending, complex structures, mergers and acquisitions, and other transactional activities. He joins the bank from Coöperatieve Rabobank, where he served for more than 20 years, most recently as Managing Director and General Counsel, North America Wholesale. In this role, he managed the organization’s New York Legal department, along with all legal matters related to the North America Wholesale and Rural businesses.

“Over the past 25 years, Andrew has proven himself adept at navigating complex legal situations and providing expert counsel, and we are fortunate that he is bringing those skills to Leumi in the next phase of his career,” said Mendelson. “His experience will assist us in moving forward with the expansion of our U.S. operations while continuing to provide our clients with the high-touch, customized service that they have come to expect.”

Prior to Rabobank, Sherman spent four years at Simpson Thacher & Bartlett LLP. Sherman received his Juris Doctor from Columbia University and Bachelor’s degree in Business Administration from the University of Michigan. He will be based in the bank’s New York headquarters.

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 www.leumiusa.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181004005074/en/

CONTACT: Media:

Bank Leumi USA

John McGann, 917-542-2345

john.mcgann@leumiusa.com

or

Intermarket

Eleis Brennan, 212-754-5610

ebrennan@intermarket.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE LEGAL

SOURCE: Bank Leumi USA

Copyright Business Wire 2018.

PUB: 10/04/2018 09:15 AM/DISC: 10/04/2018 09:15 AM

http://www.businesswire.com/news/home/20181004005074/en

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