Bezeq has announced that its VP of economics has been appointed CFO and deputy CEO, alongside plans to streamline the company’s operations.
Dudu Mizrahi will replace Alan Gelman, who TelecomFinance reported on Wednesday had announced his resignation…
Bezeq has announced that its VP of economics has been appointed CFO and deputy CEO, alongside plans to streamline the company’s operations.
Dudu Mizrahi will replace Alan Gelman, who TelecomFinance reported on Wednesday had announced his resignation after five years at the Israeli telco.
“As a result [of the new appointment], the economics and finance divisions will be consolidated, which is a logical business and managerial step that is expected to lead to simplification of operations, lower costs and greater efficiency,” said the company in a statement.
Mizrahi has been at Bezeq for 16 years in a variety of positions, including head of the regulation department, before becoming VP of economics five years ago. He will start in his new role at the end of the year.
“Dudu’s knowledge and experience, coupled with his professional abilities, will be significant in improving the financial results of the Bezeq Group companies,” said chairman Shaul Elovitch about the new appointment.
“Dudu and I have worked together for many years and I am very pleased about the appointment, which will bring new and original thinking to our financial operations,”” said Avi Gabbay, CEO of Bezeq.