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IDB Bank Names Avner Mendelson as Next President & CEO

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Israel Discount Bank of New York (IDB Bank) has appointed Avner Mendelson as its new President & CEO, effective May 1, 2025. Mendelson brings over two decades of banking experience, notably serving as President & CEO of Bank Leumi USA and later as Vice Chairman at Valley National Bank following their merger in 2022.

The appointment follows a strong financial performance in 2024. Mendelson will succeed Ziv Biron, who has led the bank for the past 5 years. IDB Bank, the largest Israeli-owned bank in the United States, operates full-service offices in California, Florida, and the tristate area, providing private and commercial banking services to U.S. and international clients.

Israel Discount Bank of New York (IDB Bank) ha nominato Avner Mendelson come nuovo Presidente e CEO, con effetto dal 1 maggio 2025. Mendelson porta con sé oltre vent'anni di esperienza bancaria, avendo ricoperto in particolare il ruolo di Presidente e CEO di Bank Leumi USA e successivamente di Vice Presidente presso Valley National Bank dopo la loro fusione nel 2022.

La nomina arriva dopo un forte risultato finanziario nel 2024. Mendelson succederà a Ziv Biron, che ha guidato la banca negli ultimi 5 anni. IDB Bank, la più grande banca di proprietà israeliana negli Stati Uniti, opera uffici a servizio completo in California, Florida e nell'area dei tre stati, fornendo servizi bancari privati e commerciali a clienti statunitensi e internazionali.

Israel Discount Bank of New York (IDB Bank) ha nombrado a Avner Mendelson como su nuevo Presidente y CEO, con efecto a partir del 1 de mayo de 2025. Mendelson aporta más de dos décadas de experiencia en el sector bancario, habiendo sido Presidente y CEO de Bank Leumi USA y luego Vicepresidente en Valley National Bank tras su fusión en 2022.

La designación sigue a un sólido desempeño financiero en 2024. Mendelson sucederá a Ziv Biron, quien ha liderado el banco durante los últimos 5 años. IDB Bank, el banco de propiedad israelí más grande en los Estados Unidos, opera oficinas de servicio completo en California, Florida y el área de los tres estados, ofreciendo servicios bancarios privados y comerciales a clientes estadounidenses e internacionales.

이스라엘 디스카운트 뱅크 오브 뉴욕 (IDB 뱅크)아브너 멘델슨을 새로운 회장 겸 CEO로 임명했으며, 이는 2025년 5월 1일부터 발효됩니다. 멘델슨은 20년 이상의 은행 경험을 보유하고 있으며, 특히 2022년 합병 후 뱅크 레우미 USA의 회장 및 CEO와 밸리 내셔널 뱅크의 부회장을 역임했습니다.

이번 임명은 2024년의 강력한 재무 성과에 따른 것입니다. 멘델슨은 지난 5년 동안 은행을 이끌어온 지브 비론의 뒤를 잇게 됩니다. IDB 뱅크는 미국에서 가장 큰 이스라엘 소유 은행으로, 캘리포니아, 플로리다 및 삼주 지역에 풀 서비스 사무소를 운영하며 미국 및 국제 고객에게 개인 및 상업 은행 서비스를 제공합니다.

Israel Discount Bank of New York (IDB Bank) a nommé Avner Mendelson comme nouveau Président et CEO, à compter du 1er mai 2025. Mendelson apporte plus de deux décennies d'expérience bancaire, ayant notamment été Président et CEO de Bank Leumi USA et ensuite Vice-Président chez Valley National Bank après leur fusion en 2022.

Cette nomination fait suite à une solide performance financière en 2024. Mendelson succédera à Ziv Biron, qui a dirigé la banque au cours des 5 dernières années. IDB Bank, la plus grande banque de propriété israélienne aux États-Unis, opère des bureaux à service complet en Californie, en Floride et dans la région des trois États, offrant des services bancaires privés et commerciaux à des clients américains et internationaux.

Israel Discount Bank of New York (IDB Bank) hat Avner Mendelson zum neuen Präsidenten und CEO ernannt, der am 1. Mai 2025 in Kraft tritt. Mendelson bringt über zwei Jahrzehnte Erfahrung im Bankwesen mit, insbesondere als Präsident und CEO der Bank Leumi USA und später als Vizepräsident der Valley National Bank nach deren Fusion im Jahr 2022.

Die Ernennung folgt auf eine starke finanzielle Leistung im Jahr 2024. Mendelson wird Ziv Biron nachfolgen, der die Bank in den letzten 5 Jahren geleitet hat. IDB Bank, die größte israelisch besessene Bank in den Vereinigten Staaten, betreibt Vollservice-Büros in Kalifornien, Florida und im Dreistaatengebiet und bietet privaten sowie geschäftlichen Bankdienstleistungen für US-amerikanische und internationale Kunden an.

Positive
  • Strong financial performance reported for 2024
  • Incoming CEO brings extensive leadership experience from major banking institutions
  • Bank maintains broad geographical presence across key U.S. markets
Negative
  • None.

Mendelson joins IDB as President & CEO, bringing more than two decades of experience and leadership.

NEW YORK, April 2, 2025 /PRNewswire/ -- Israel Discount Bank of New York ("IDB Bank" or "IDB"), a New York-based private and commercial bank and largest Israeli-owned bank in the United States, has announced the appointment of Avner Mendelson as its new President & Chief Executive Officer. Mendelson will drive the Bank's transformation and sustainable growth agenda across both U.S-domestic and international lines of business, further advancing IDB's role within the Discount Bank (TLV: DSCT) global holding group.

A seasoned industry executive, Mendelson joins IDB with more than two decades of banking and leadership experience in Israel and the U.S., serving as the President & CEO of IDB's former peer bank, Bank Leumi USA, where he led sweeping enterprise transformation for nearly a decade until its merger with Valley National Bank in 2022, where he was appointed Vice Chairman of the Board of Directors of the consolidated bank. Previously, Mendelson had the distinction of successfully leading Group Strategy for the Leumi Group, Israel's largest banking group.

Mendelson will succeed Ziv Biron, who has been part of the Discount Group for 8 years, the last 5 years as President & CEO of IDB Bank. Mendelson joins IDB following a stand-out year, as the Bank recently reported a strong 2024 financial performance.

The leadership transition will take place on May 1, 2025, with Mendelson and Biron working closely throughout the transition period.

"I congratulate Avner on joining Discount Group, and his appointment as the President & CEO of IDB Bank. I am confident that his rich experience and professionalism, as well as his deep long-standing familiarity with the American market will greatly contribute to the Bank's continued momentum. I would like to thank Ziv Biron for the successful leadership of IDB Bank in recent years, and I am confident that these successes will serve as a solid foundation for the Bank's continued growth." – Avi Levi, President & CEO of Discount Group

"We excitedly welcome Avner as our next President & CEO as we continue to build and improve IDB in a changing financial services environment. As we look to the future, we also want to thank Ziv for his years of service as our CEO. Ziv has shepherded IDB through extraordinary geopolitical and financial events since 2019, and greatly fortified our organization while delivering strong results. We thank him for his leadership and warmly wish him continued success in the future." – Ilan Kaufthal, IDB Bank Board Chairman

"This is an exciting moment to join IDB — a bank I've long admired for its entrepreneurial spirit, deep client relationships and unique culture that blends professionalism with genuine care. I am deeply grateful to the Board, as well as to our shareholders both in Israel and the U.S., for the trust they have placed in me. I also want to thank Ziv Biron, a remarkable leader and friend whom I've known for over 20 years, for his tremendous support during this transition. I look forward to working with the incredible IDB team to build on the Bank's legacy and create new opportunities for our people, our customers and our communities." – Avner Mendelson, Incoming President & CEO, IDB Bank

"Leading IDB over the past five years has been a great honor and I am proud to have been part of Discount Group's great legacy. I wish to thank my board, my leadership team and our extraordinary group of colleagues who work relentlessly to provide best possible service to our clients. I have known Avner for over two decades and I am confident that under his leadership, IDB will reach new heights. I wish Avner great success." – Ziv Biron, Outgoing IDB President & CEO 

About Israel Discount Bank of New York ("IDBNY" or "IDB Bank")

IDB Bank is a New-York State-chartered commercial bank, a member of the FDIC, and a subsidiary of Israel Discount Bank LTD., one of Israel's leading Banks. In addition to its Manhattan headquarters, IDB Bank operates full-service offices in California, Florida and the tristate area, including branch locations in Brooklyn, N.Y, Staten Island, N.Y and Short Hills, N.J. The Bank provides a complete range of private banking and commercial banking services to U.S and international clients.

For 75 years, IDB Bank has built its business by fostering deep relationships with its clients, rapid decision-making, and the ability to develop custom-tailored solutions for both its domestic and international clientele.

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SOURCE IDB Bank

FAQ

When will Avner Mendelson start as IDB Bank's new CEO?

Avner Mendelson will assume the role of President & CEO of IDB Bank on May 1, 2025.

What is Avner Mendelson's previous banking experience?

He served as President & CEO of Bank Leumi USA and later as Vice Chairman at Valley National Bank after their 2022 merger, with over 20 years of banking experience in Israel and the U.S.

Who is Avner Mendelson replacing at IDB Bank?

He is replacing Ziv Biron, who served as President & CEO for 5 years and was part of the Discount Group for 8 years.

What is IDB Bank's position in the U.S. banking market?

IDB Bank is the largest Israeli-owned bank in the United States, operating offices in California, Florida, and the tristate area.
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