Michal Abadi-Boyanjo This is Me

Education

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1. 1. Globes [online] - Netanyahu accepts Abadi-Boyanjo's resignation as MI Holdings chair

   www.globes.co.il/serveen/globe - [Cached]

   Published on: 3/16/2005   Last Visited: 3/17/2005

   Abadi-Boyanjo resigned after MI Holdings was not made a party to the sale of shares in Bank Leumi to Deutsche Bank.
   ...
   Minister of Finance Benjamin Netanyahu last night accepted the resignation of Michal Abadi-Boyanjo as chairperson of MI Holdings (State of Israel Properties). He also instructed Accountant General Dr. Yaron Zalika to close down MI Holdings after the privatization of Bank Leumi (TASE: LUMI) is completed, which is due by the end of 2005.
   
   Abadi-Boyanjo has served as MI Holdings chairperson since October 2003. During this period, she oversaw the successful privatization of Israel Discount Bank (TASE: DSCT). She submitted her resignation to Netanyahu two weeks ago, to protest MI Holdings' not being a party in the sale of 6% of Bank Leumi to Deutsche Bank (NYSE: DB; LSE: DBK; XETRA, AEX, SWX, ATX: DBKG). At Netanyahu's request, Abadi-Boyanjo delayed her resignation.
   
   Abadi-Boyanjo and Zalika have a rocky relationship, which led to her decision to resign after the privatization of Discount Bank is concluded, due in a few months. However, she decided not to wait following the sale of Bank Leumi shares.

2. 2. Globes [online] - "The price was right"

   www.globes.co.il/serveen/globe - [Cached]

   Published on: 1/25/2005   Last Visited: 1/25/2005

   MI Holdings chair Michal Abadi-Boyanjo reflects on the Discount Bank sale.
   ...
   "Discount Bank was sold at an appropriate price, within the range of the valuation we commissioned," says MI Holdings (State of Israel Properties) chairperson Michal Abadi-Boyanjo, in her first interview since a privatization agreement was reached for the bank.
   ...
   Abadi-Boyanjo: "Yes, I was disappointed, but I recovered fairly quickly, and realized that prolonged negotiations still lay ahead."
   ...
   Abadi-Boyanjo, 38, is a refreshing surprise in the privatization of Discount Bank. She has been at MI Holdings for only eighteen months, after being Ministry of Health director general. She has no background or experience in privatization and banking. But Abadi-Boyanjo, who has earned degrees in economics, law, and accounting, surprised them all. With infinite patience, she led the process, defusing innumerable mines and overcoming endless difficulties along the way. She led Discount Bank, which the state has been trying to get rid of for so many years, all the way to a sale.
   
   Abadi-Boyanjo modestly turns aside compliments, while unhesitatingly sharing the credit with many partners, as if making an Oscar acceptance speech: "I want to mention first of all Netanyahu, who demonstrated determination all the way.
   ...
   MI Holdings chair Michal Abadi-Boyanjo reflects on the Discount Bank sale.

3. 3. TheStar.com - Canadians bidding for Israeli bank

   www.thestar.com/NASApp/cs/Cont - [Cached]

   Published on: 7/21/2004   Last Visited: 7/21/2004

   "The results are encouraging but it's just the beginning of the process and the road is still long," Michal Abadi-Boyanjo, chairman of MI Holdings, said in the statement.