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Jacob A. Frenkel

Chairman at Plus500

Prof. Jacob A. Frenkel is a Non-Executive Director and Chair of the Board of Directors.

Prof. Frenkel is a renowned global economist and illustrious business leader, with significant experience developed over many years of leadership. He is currently Chair of the Cabinet of Economic Experts of the Minister of Finance of the State of Israel, Chair of the Board of Trustees of the Group of Thirty (G-30), and Chair of BrainStorm Cell Therapeutics Inc., a NASDAQ listed biotechnology company.

Prof. Frenkel served as Chairman of JPMorgan Chase International (2009-2020), Chairman and CEO of the G-30 (2001-2011), Vice Chairman of American International Group, Inc. (2004-2009) and, Chairman of Merrill Lynch International (2000-2004). He also served as Chairman of the Board of Governors of Tel Aviv University (2013-2021).

Prior to this he served two terms as the Governor of the Bank of Israel (1991-2000), as the Economic Counsellor and Director of Research at the International Monetary Fund (1987-1991) having previously been a Chaired Professor of Economics at the University of Chicago.

He is a Laureate of the Israel Prize in Economics and is a recipient of several Honorary Doctoral Degrees and other decorations and awards. He holds a range of fellowships and advisory positions. He is a Honorary Member of the American Academy of Arts and Sciences, a Fellow of the Econometric Society, a Fellow of the International Economic Association, a Senior Advisor of Temasek International Advisors, a member of the Competitive Markets Advisory Council of the CME Group and a member of the G20 High Level Independent Panel on Financing of the Global Commons for Pandemic Preparedness and Response.

Prof. Frenkel holds a B.A. in economics and political science from the Hebrew University of Jerusalem, and an M.A. and Ph.D. in economics from the University of Chicago.