Israel Corporation
Mrs. Ruth Solomon, serves as an independent director of FIBI Holdings Ltd. She served, previously, nine years as Chief Financial Officer (CFO) and VP Risk Management (CRO) at public companies, seven years among then, as CFO at Paz Oil Company Ltd. She served as director of several subsidiary companies at Paz Group, including - Ashdod Refinery Ltd., Pazgas Ltd., Paz Oils & Chemicals Ltd., Pazkar Ltd., Aviation Services Ltd., Pazomat Ltd. and more. Prior to that, served about thirteen years as Chief accountant and deputy CFO at Paz Oil Company, and about seven years, in a number of Accounting positions at KPMG. Ruth is a Certified Public Accountant in Israel (CPA), and holds a BA in Economics and Accounting from The University of Haifa.
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Israel Corporation
Israel Corporation Ltd is an Israel-based holding company, which provides focused exposure to well positioned mature assets in the natural resources industry. The Company operates through two main investee companies: Israel Chemicals Ltd (ICL) and Oil Refineries Ltd (ORL). ICL is a multinational group, operating in two divisions: Essential Minerals, which extracts and distributes raw materials within the potash, phosphate and magnesium markets, and Specialty Solutions, which mainly produces bromine from the Dead Sea, as well as manufactures and commercializes bromine and phosphorus compounds. In addition ICL Group's assets include concessions for mining phosphate rock in the Negev Desert in Israel and mining agreements covering the mining of potash mines in Spain and the United Kingdom, among others. ORL and its subsidiaries are mainly engaged in the crude oil refining, production of fuel products, raw materials for the petrochemical industry and other accompanying materials.