Rakefet Russak Aminoach

Managing Partner, Team8

Rakefet Russak-Aminoach is a Managing Partner at Team8 where she helps to build and support cutting-edge fintech startups that are poised to redefine the financial services landscape. In 2016, she was named as one of the “10 Most Innovative CEOs in Banking” by Bank Innovation for the second year in a row and was also listed among the BBC’s “100 Most Inspirational and Influential Women” of the year. Rakefet served as President & CEO of Leumi Group between 2012-2019. Under her leadership, Leumi established itself as Israel’s leading bank in profits, market cap and innovation. Rakefet led this turnaround via digital transformation, enhanced efficiency and a culture change. She established LeumiTech, the Group’s Hi-Tech arm, and launched PEPPER – Israel’s first and only neobank. During her tenure, Rakefet led key creative steps to improve the Bank’s capital adequacy. While serving as the bank’s Chief Credit Officer, Leumi attained a credit portfolio with minimal credit loss expenses, one of the best of its kind. Her transformative work at Leumi resulted in a Harvard Business School case study, “Leading Bank Leumi into the Future” (October 2019).
Rakefet holds a BA in Accounting & Economics (summa cum laude), as well as an LLB and an MBA in Finance & Insurance (cum laude), from Tel Aviv University. She is also a CPA.