Rakefet Russak-Aminoach is a Managing Partner at Team8, where she builds and invests in Fintech companies that are poised to redefine the financial services landscape.

Rakefet serves as the chairwoman of Hailo and holds board memberships at BNY.

Rakefet served as President and CEO of Bank Leumi, Israel’s largest bank, between 2012–2019; during her tenure, she led key initiatives to improve the bank’s capital adequacy, helping Leumi establish itself as Israel’s leading bank for profits, market cap, and innovation. During her time as Chief Credit Officer, Leumi attained a leading credit portfolio with minimal credit loss expenses. She established LeumiTech, the Group’s hi-tech arm, and launched PEPPER, Israel’s first neobank. Her leadership philosophy resulted in a Harvard Business School case study, Leading Bank Leumi into the Future (October 2019).

Rakefet is the Honorary Consul of Norway in Israel. She holds board memberships at several NGOs and programs, including the Fulbright Association, Jewish Federations of North America, and Meta’s SHESHE Women’s Mentorship Program. In 2024, Rakefet was named one of American Banker’s 20 Most Influential Women in Fintech; in 2019, Forbes recognized her as one of the 50 Most Influential Women in Middle East Finance. She has been listed among Fortune Magazine’s 100 Most Powerful Women three times. Additionally, she was named one of the 10 Most Innovative CEOs in Banking by Bank Innovation in both 2015 and 2016, and was included in the BBC’s 100 Most Inspirational and Influential Women list in 2016.

Rakefet holds a BA in Accounting and Economics, an LLB, and an MBA in Finance and Insurance from Tel Aviv University. She is also a certified CPA.