Bank Leumi USA Appoints Michael Zaremsky Head of U.S. Private Banking

Zaremsky previously served as Regional Head for New York Private
Banking

NEW YORK–(BUSINESS WIRE)–Bank
Leumi USA
announced today that it has named Michael Zaremsky its new
Head of U.S. Private Banking. In this role, he is responsible for
overseeing the regional U.S. Private Banking teams and ensuring
continued collaboration between the Private Banking and Commercial
Banking practices.


Zaremsky joined Bank Leumi USA in 2017 and previously served as Regional
Head for New York Private Banking.

“Michael has already done a tremendous job of fostering collaboration
among teams and, in so doing, has continued to deliver on our commitment
to providing all of our clients with high-touch service,” said Shawn
McGowen, Chief Banking Officer at Leumi. “As he assumes leadership of
our U.S. Private Banking business, we are confident that he will be
instrumental in further integrating our offerings so we can provide the
most value to our clients.”

Zaremsky has more than 20 years of investment management experience
across fixed income, equity and asset allocation solutions. Prior to
joining Bank Leumi USA, he was a Client Portfolio Manager at Lazard
Asset Management and Goldman Sachs Asset Management, serving
high-net-worth and institutional clients.

He earned a Bachelor of Science degree in Business Management and
Economics from Cornell University and an MBA in Finance from Fordham
University. Zaremsky is based in New York and will continue to report to
Shawn McGowen.

About Leumi

Bank Leumi USA (Leumi) is a full-service commercial and private banking
institution providing financial services to middle market firms, as well
as a full range of private banking solutions to domestic and
international clients. Leumi also offers a broad range of securities and
insurance products through its brokerage subsidiary, Leumi Investment
Services Inc. More information about Leumi is available at www.leumiusa.com.

Contacts

Media:
Maya Zafrir
Bank Leumi USA
212-626-1365
Maya.Zafrir@leumiusa.com

Eleis
Brennan
Intermarket
212-754-5610
ebrennan@intermarket.com

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