Leumi ABL has announced the appointment of Phil Woodward as CEO following the retirement of its former Chief Executive, Paul Hird.

Having co-founded the business 14 years ago, both Hird and Woodward have been central to Leumi ABL’s success and have played an important role in making it the multi-award institution it is today.

Formerly Managing Director (MD) at Leumi ABL, Woodward has over two decades’ experience
working in sales and operations in various sectors across the financial services industry.

To date, he has played a vital role in the sales and marketing side of the business, and the company has gone from strength to strength. As CEO, Woodward will now be responsible for overseeing the entire activity of the asset-based lending specialist.

Commenting on the news, Gil Karni, Chairman of Leumi ABL and CEO of Leumi UK, says: “I would like to take this opportunity to express our deep gratitude for Paul’s extraordinary contribution to Leumi ABL, and to warmly welcome Phil to the post. Under his strong leadership, I am confident that the success Leumi ABL has experienced to date will only strengthen.”

Woodward adds: “Despite the saddening news that Paul – who has been a pillar for this organization and will be greatly missed – is stepping down as CEO, this moment signifies a new era for Leumi ABL and I look forward to overseeing the business as we continue our growth.”