Seffy Zinger appointed head of Israel Securities Authority

Finance Minister Bezalel Smotrich announces the appointment of Seffy (Yosef) Zinger as the new head of the Israel Securities Authority.

Zinger, 44, a partner in the Corporate and Securities Department at the Herzog Fox & Neeman law firm since 2018, will replace Anat Guetta as chairperson of the Israel Securities Authority. Guetta stepped down in April after more than five years in office.

In recent years, Zinger has been overseeing the bankruptcy and insolvency practice at Herzog Fox & Neeman, advising Israeli and multinational companies on a wide range of complex issues in corporate and securities law, including the restructuring of the IDB Group, cross-border international transactions, and financing the privatization of the Haifa port.

Before that, Zinger held a number of positions at the Justice Ministry in the areas of insolvency and taxation in the counseling and legislation department.

Commenting on the appointment, Smotrich says Zinger possesses experience in both the private and public sectors, in the economic sphere in general and in the securities sector in particular.

The Israel Securities Authority oversees and supervises a broad range of activities in the capital market, including the trade and corporate securities in the Tel Aviv Stock Exchange; the staging of initial public offerings (IPOs) by companies recruiting capital from the public; the operation of mutual funds that offer the public a range of liquid and convenient investment avenues; and the operation of financial agents including investment consultants and portfolio managers.