Zoomd Technologies Ltd. and its wholly-owned subsidiary Zoomd Ltd. announced the appointment of Ido Almany as the new CEO of the Company. Ido Almany will succeed Ofer Eitan, who in July of 2022, previously announced that he was stepping down as CEO once a suitable successor has been identified. Mr. Eitan, a Co-founder of the Company, has been the Company's CEO since its merge with Moblin in 2017 and will remain a director of the Company.

Mr. Almany will be joining Zoomd after half a decade of leading American Express in Israel as its General Manager, and the CEO of the local exclusive licensee, Premium Express LTD. Mr. Almany charted a new strategic direction for Amex in Israel, developed new distribution channels and partnerships, and revitalized the product offering, creating sustainable and high-margin growth amounting to USD 140 million in annual revenue. Mr. Almany also served as a management team member for the Isracard Group, Premium Express' parent company and the payments company in Israel, taking part in the Group's successful IPO in 2019. Prior to joining American Express in Israel, Mr. Almany was the Head of Digital Products and Business Development for Discount Bank, Head of Fintech and Innovation for Discount Bank, and a strategy consultant for TASC Consulting & Capital.

Mr. Almany holds a BSc in Industrial Engineering and Management with honors (summa cum laude), from the Technion – Israel Institute of Technology.