Amid the ongoing celebrations for Israel’s milestone 75th anniversary, Development Corporation for Israel/Israel Bonds is spotlighting the essential role that women have played in defining the destiny of the Jewish homeland.
On May 4, the Israel Bonds Women’s Division of Metropolitan New Jersey brought together 30 women for a leadership event at the Manhattan home of accomplished insurance and finance executive Tsili Naveh, and her husband Dani Naveh, Israel Bonds’ President and CEO. Attendees heard from Anat Katz, Minister to the Economic Mission of Israel in North America, who discussed how the Mission supports Israeli businesses and the trade deals that they facilitate.
“Women’s leadership plays a central role in achieving the goals of Israel Bonds across the United States, including in the organization’s vast success in raising over $48 billion since its establishment in the early 1950s,” said Tsili Naveh, an attorney who has held a series of senior positions in the fields of insurance and finance in Israel.
Tsili Naveh has served as CEO of Clal Finance Trusts, as well as chief marketing officer and head of investor relations of Clal Finance Underwriting. As head of the Personal Injury Department at Clal Insurance, one of the leading insurance companies in Israel, she managed claims for six different units of the company. She has managed $3 billion in insurance claims, working with a wide array of 100 attorneys and other professionals. She has also served as the chairperson of a district psychiatric committee chaired by an associate justice of the peace.
Since moving to the United States, Naveh has become involved in the National Women’s Division of Israel Bonds.
“I got involved in the women’s leadership of Israel Bonds out of a desire to contribute my expertise from many years in the financial sector and capital market in Israel,” she said. “More and more women in various fields, such as law, real estate, and finance, are joining the activities of Israel Bonds—and they are using it as an opportunity to both express support for the State of Israel and to share common interests with their professional peers.”
Naveh continued, “I came to the U.S., with Dani, understanding the importance of this mission. Israel Bonds not only generates substantial investments in the State of Israel but also connects American Jewish communities to our homeland. For that, I was ready to make a personal sacrifice. Our three children remained in Israel after we moved to the U.S., and our daughter Yael is therefore defined as a lone soldier — a member of the IDF without immediate family living in Israel. I was also prepared to make the professional sacrifice of resigning from my senior position in the Israeli insurance industry, all for the purpose of moving to the U.S. following Dani assuming his position as Israel Bonds President and CEO, an important role for the benefit of the State of Israel.”
At the May 4 event, the women in attendance presented Tsili Naveh with a Michael Aram honey dish, to express their gratitude for her hosting of the gathering. The event also featured National Women’s Division Chairperson Cathy Distelburger as well as the division’s Director Danielle Ross.
For 72 years, Israel Bonds has focused on one mission: to generate financial support for the building and development of Israel’s economy.
As such, the organization has secured more than $48 billion in investments since its first bonds were first issued in 1951, with the proceeds playing an instrumental role in Israel’s transformation into a groundbreaking global innovator in various industries.