Israeli flag-carrier El Al has named Yitzhak Eliav as its new chief financial officer, following the departure of Dganit Palti last year.

He took up the post on 4 January, the airline states.

Eliav was formerly the head of finance and vice-president of operations at Avgol Industries, a specialist manufacturer of non-woven fabrics for the hygiene market.

He was also previously a senior finance executive at Israeli clothing and apparel retailer Fox-Wizel.

Eliav’s appointment is the latest part of a top-level management overhaul at El Al, following the change of controlling shareholder last year.

This shake-up will include the replacement of the flag-carrier’s chief executive, Gonen Usishkin, with Avigal Soreq at the end of January.

El Al 737-900ER

Source: El Al