Plus500 Proposes Appointment of Jacob A. Frenkel as Chairman

Plus500, a retail Forex and CFDs broker, announced the proposed appointment of Professor Jacob A. Frenkel as Chairman of its Board of Directors.

Professor Frenkel has a track record of over 40 years in global macroeconomics. He was most recently the Chairman of JPMorgan Chase International, between 2009 and 2020. 

Professor Frenkel served as Chairman and CEO of the G-30, between 2001 and 2011, Vice Chairman of American International Group, Inc. between 2004 and 2009, and Chairman of Merrill Lynch International, and Chairman of Merrill Lynch's Sovereign Advisory and Global Financial Institutions Groups, between 2000 and 2004. Additionally, Professor Frenkel served for two terms as Governor of the Bank of Israel between 1991 and 2000.

Professor Frenkel is a graduate of the Hebrew University of Jerusalem with a B.A. in Economics and Political Science, and holds an M.A. and Ph.D. in Economics from the University of Chicago.

Professor Jacob A. Frenkel, Chairman-elect of Plus500, commented:“I am proud and honoured to have the opportunity to become the proposed Chairman of Plus500 at such an exciting time. I am looking forward to joining and leading the Company's strong and diverse Board, with a view to ensuring that the business continues to deliver value for its stakeholders in the future.”