Ehud Barak lands new job
Photo: Motti Kimchi
Ehud Barak
has apparently not stayed unemployed for long after leaving politics.
The former prime minister and defense minister was recently
appointed special consultant to the CEO of Swiss bank Julius Baer
in Israel.
Relocation
Shay Pauzner, Calcalist
Defense minister earns NIS 14.5 in deal with unknown foreign company
Julius Baer, founded in 1890, is considered one of the most esteemed and famous banking institutions in Switzerland. The group specializes in private banking, including managing the wealth of particularly rich families,
and has representatives in more than 20 countries around the world.
The bank opened its first office in Israel in early 2012 with 12 employees.
Barak announced his decision to retire from political life before the 2013 Knesset elections. He is expected to help the bank establish business ties with Israel's wealthiest people.