Bank Leumi le- Israel B.M. announced that Mr. Dan Cohen, Head of the Retail Banking Division and Acting Head of the Operations Division, has announced his decision to retire from Leumi, following 27 years within the Group. Cohen is expected to finish his term on March 31, 2019. Mr. Eilon Dachbash will be appointed Head of the Retail Banking Division. Prior to his appointment, Dachbach served as Head of Business Development at the Retail Banking division. The appointment is subject to the approval of the Bank of Israel. Mr. Eyal Ben-Haim will be appointed Head of the Operations Division. Prior to his appointment, Ben-Haim served as Deputy Head of the Operations Division and Chief of Staff. Mrs. Tamar Yassur, Head of the Digital Banking Division, has announced her decision to retire from Leumi, following 12 years within the Group. Yassur is expected to finish her term on March 31, 2019. The new division will be headed by Mr. Ilan Buganim, a member of senior management who currently serves as Chief Technology and Chief Data Officer. The division, alongside leveraging the data assets of Leumi Group, will be responsible for the digital bank 'Pepper' and the Bank's Marketing.