The General Assembly the Mediterranean Towers chain of retirement communities announced on June 19, 2017, the appointment of Mr. Yair Seroussi as Chairman of the Board, and also the appointment of Mr. Moti Kirschenbaum as a director in the company. Seroussi served, in the past, as Founding Partner and Chairman of EuroPort, through which control of the chain of retirement communities was acquired, jointly with partners, in 2010. Seroussi is currently active in the field of investment in private equity and tech vcs., he serves on the board of technology company DSPG. Seroussi also serves as Chairman of the Eli Hurvitz Institute of Strategic Management at Tel Aviv University, and a member of the board of Governors of the Hebrew University. He recently joined the advisory committee of the venture capital fund Glilot Capital.