Commercial News

Leumi's asset based lending arm appoints new CEO

Rozi Jones -
|
30th June 2020
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"I would like to take this opportunity to express our deep gratitude for Paul’s extraordinary contribution to Leumi ABL, and to warmly welcome Phil to the post."

The asset-based lending subsidiary of Bank Leumi UK has appointed Phil Woodward as its new CEO following the retirement of Paul Hird.

Both Hird and Woodward co-founded the business 14 years ago. Formerly managing director at Leumi ABL, Woodward has over two decades’ experience working in sales and operations in various sectors across the financial services industry.

Gil Karni, chairman of Leumi ABL and CEO of Leumi UK, said: “I would like to take this opportunity to express our deep gratitude for Paul’s extraordinary contribution to Leumi ABL, and to warmly welcome Phil to the post. Under his strong leadership, I am confident that the success Leumi ABL has experienced to date will only strengthen.”

Phil Woodward added: “Despite the saddening news that Paul – who has been a pillar for this organisation and will be greatly missed – is stepping down as CEO, this moment signifies a new era for Leumi ABL and I look forward to overseeing the business as we continue our growth.”

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