Avi Fischer

Avi Fischer

Chairman & CEO

With almost thirty-five years of history in some of Israel’s largest transactions, Mr. Avi Fischer is one of the most experienced and well-known figures in Israel’s business world.

Following the acquisition of Clal Industries by Access in July 2012, Mr. Fischer was nominated as Chairman of the Board and CEO of Clal Industries.

Mr. Fischer serves also as Chairman of Nesher Cement Enterprises, Chairman of Clal Biotechnology and Chairman of ClalTech. In addition, Mr. Fischer serves as a director on the Board of Golf & Co (TASE).

Prior to his involvement in Clal Industries, Mr. Fischer was a co-founder of Fischer Behar Chen Well Orion & Co., one of Israel’s leading law firms.

Mr. Fischer is a Lieutenant Colonel (res.) in the armored corps of the IDF. Mr. Fischer earned his LLB from the Tel Aviv University and was a faculty member at the Tel Aviv University Law School from 1983 to 1989.

Mr. Fischer is involved in numerous philanthropic organizations. Among others, he serves as Chairman of “Matan – Investing in the Community”, President of “Adopt a Battalion”, member of the Board of Directors of The Israeli Democracy Institute, etc.

Nufar Malovani, Adv.

Nufar Malovani, Adv.

Deputy CEO, General Counsel and Head of Human Resources

Ms. Malovani, Adv. serves as Deputy CEO and General Counsel of Clal Industries. She also serves as Head of Human Resources.

In addition, Ms. Malovani serves on board positions on behalf of the group at both public and private companies such as Golf & Co, CBI, and others. She is the former CEO of Clal Beverages and the former Chairwoman of the Board of Directors of Adika Style.

Ms. Malovani joined Clal in 2008 and today leads Clal’s legal activities and is responsible for the Group’s Merger & Acquisitions as well as legal aspects of new investments. In addition, she manages the communication with the legal departments of Clal’s portfolio companies and the parent company – Access Industries.

Prior to joining Clal, Ms. Malovani worked as a legal advisor at U Bank. Ms. Malovani also worked as a lawyer in the offices of Goldfarb, Levi, Eran & Partners.

Ms. Malovani served as an officer in the Israel Defense Forces.

Ms. Malovani has a law degree (LLB) and a BA in Accounting from Tel Aviv University. She is a graduate of the Harvard Executive Program.

Menashe Sagiv

Menashe Sagiv


Mr. Sagiv is the CFO of Clal Industries and the CEO of Clal Real Estate.

He also serves on board positions on behalf of the group at both public and private companies such as Nesher Cement Enterprises.

Before his appointment as the Company’s CFO, Mr. Sagiv served as CFO of Africa Israel Investments, one of Israel’s largest business groups, which consists of both publicly-traded companies (Africa Israel Properties Ltd., Africa Israel Residences Ltd., Africa Israel Industries Ltd.) and privately-held firms (Danya-Cebus, Africa Israel Hotels, Derech Eretz, and others).

Prior to his appointment in Africa Israel, Mr. Sagiv served as the CFO of Israel Aerospace Industries (IAI). During his tenure, and for the first time in the company’s history, he led IAI’s successful NIS 1.5 billion marketable debt offering on the Tel Aviv Stock Exchange, including the preparation of the prospectus.

Mr. Sagiv served on board positions at IAI’s subsidiaries: Elta Systems, ISI and IAI International (COB).

Mr. Sagiv holds an MBA in Finance and a B.Sc. in Economics from Bar Ilan University.

Daniel Shinar

Daniel Shinar

Head of Technology Investments, CEO ClalTech

Mr. Shinar leads Access and Claltech’s investments in Israel and is an active member of Access’s global tech team.

He serves as a director or an observer at both public and private companies on behalf of the group. These companies include market leaders in the technology, retail and industrial sectors for example: ironSource, Lightricks, Yotpo, Deezer, Gett and Bad Wolf. He previously served as a member or observer on the boards of Rocket Internet (FRA:RKET), Global Fashion Group (FRA: GFG), Lazada (up until its acquisition by Alibaba), ZooZ (sold to Naspers’ PayU), Dynamic Yield (sold to McDonald’s), LightCyber (sold to Palo Alto Networks), Modelity (sold to LPA), Tigo Energy, Golf and Co. (TASE: GOLF), Nesher and Jafora . Mr. Shinar is also a founding board member of the EISP 8200, the first and leading tech accelerator in Israel.

Before his appointment as CEO at ClalTech, Mr. Shinar was Vice President of strategy and business development at Clal Industries and led several of the company’s main strategic deals and processes.

Mr. Shinar received alumni status from Harvard Business School, where he completed the school’s Program for Leadership Development. He received a law degree (LLB, with honors) and an MBA from the Hebrew University of Jerusalem.

Gonen Bieber

Gonen Bieber


Mr. Gonen Bieber serves as Clal Industries’ VP.

In addition, Mr. Bieber is the Chairman of Golf & Co. He serves on board positions on behalf of the group in private companies.

Prior to his current position, Mr. Bieber served as Clal Industries VP Finance, Head of Finance and VP of IDB Development and Corporate Treasurer of ECI Telecom.

Mr. Bieber holds an MBA from Tel Aviv University, with a specialization in finance and accounting and a BA (magna cum laude) in Economics and Business Administration studies from Tel Aviv University.

Alon Heller

Alon Heller

VP Finance

Mr. Heller serves as VP Finance of Clal Industries.

In addition, Mr. Heller serves on board positions on behalf of the group at Private and public companies such as Plasto-Cargal.

Prior to his current position, Mr. Heller served as Head of Treasury & Financing of Clal Industries.

Until 2013, Mr. Heller served as the Treasurer of IDB Development, which was the leading holding company in Israel.

Mr. Heller holds extensive experience in managing large-scale debt positions, including debenture offerings, credit facilities, and capital raising.

Mr. Heller holds an MBA degree specializing in Finance and a BA degree in Economics and Computer Sciences, both from Ben Gurion University.


Avi Fischer

Chairman & CEO

Alex Blavatnik


Greggory Adamo