David Horowitz, 1899-1979

Horowitz, who was born in Galicia and immigrated to Palestine in 1920, helped organize the state economy as the first director-general of Israel’s Finance Ministry. He founded the Bank of Israel in 1954 and was its president until 1971, backing policies to reduce public spending, increase savings and boost productivity. Pre-state, he led the Histadrut and the Jewish Agency‘s economic department.

Photo: Israeli Government Press Office