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Management

Nadav Grinshpon, Chairman of the Board. 
Born Israel, 1972.  B.A. in Business Management and Accounting from the College of Management and also a CPA.  Serves as the CEO of Memorand Management Ltd. and other companies in the Leviev Group.  Previously Senior VP in a communications company in Eastern Europe and prior to that, head of the Economics Department at accountants, Zohar and Zohar.  Also serves as chairman and director of several of the Group's companies. 

Avraham Novogrocki (Novo), CEO
Born 1958, Holds a graduate degree in Economics and an MBA in finance, both from Bar Ilan University. 
Mr. Novogrocki was appointed CEO of Africa Israel Investments, after serving as CEO of its subsidiary, Africa Israel Industries, between the years 2008 – 2012, and also as the CEO of Packer Steel Industries (a subsidiary in Africa Industries group), since 2007. Prior to that, Mr. Novogrocki had been employed as Deputy CEO and CFO of the Africa Industries. In addition, Mr. Novogrocki has served as chairman in subsidiaries of Africa Industries, including Negev Ceramics, and additional subsidiaries, in Israel and abroad. All in all, Mr. Novogrocki has been employed, for a period of about 15 years, in the group.
Between the years 1983 – 1997, Mr. Novogrocki has served in senior positions in Scitex Israel, starting from his role in the field of electronics, as an economist, until his appointment to CFO and CIO, during 1994.
Also serves as chairman or director of several of the Group's companies. 

Avi Barzilai – VP and CEO, AFI Europe
Born 1963.  Accountant – Graduated in Accountancy at Bar-Ilan University
Served as deputy CFO of the Company and CFO of AFI Development PLC and as a member of the board of directors.  Also served as CFO Russia and CIS at Africa Israel Investments Ltd.
Previously held several positions in the Red Sea Hotels Construction Group and at Somekh Chaikin, Public Accountants.