Magen Margalit Appointed as VP Digital at CodeValue

23 November, 2023

Magen served 19 years at Bank Hapoalim. Magen will spearhead initiatives aimed at enhancing organizational capabilities through the strategic integration and intelligent utilization of digital platforms and tools

CodeValue, a prominent technology company traded on the Tel Aviv Stock Exchange (TASE:SPDV), is thrilled to announce the appointment of Magen Margalit as CDO (Chief Digital Officer). Magen joins CodeValue, bringing with him nearly two decades of profound experience in the technological landscape.

In his new role, Magen will spearhead initiatives aimed at enhancing organizational capabilities through the strategic integration and intelligent utilization of digital platforms and tools.

Prior to joining CodeValue, Magen served a remarkable 19 years at Bank Hapoalim, where he played pivotal roles in various technological capacities. Notably, he led the modernization and innovation system, overseeing approximately 250 employees and driving the establishment of a cutting-edge cloud-based architecture. Magen also played a key role in shaping the digital transformation landscape within the organization.

Among his achievements at Bank Hapoalim, Magen led a collaborative effort with the Bank of Israel, the board of directors, and the IT division to establish a new computer center. His responsibilities extended to managing procurement agreements, navigating technological crises, and implementing disaster recovery strategies.

Magen holds a Bachelor’s degree in Computer Science with a specialization in bioinformatics from Tel Aviv Academic College and a Master’s degree in Business Administration with a focus on technology and entrepreneurship from Tel Aviv University. Additionally, he has completed directors’ training on behalf of Tel Aviv University.

Tali Shem Tov, CEO of CodeValue, expressed her confidence in Magen’s ability to lead the company’s digital transformation efforts. “Magen was chosen to lead the digital transformation of the company’s customers, ensuring the right solutions are tailored to organizations from a broad perspective. His expertise in implementing modern architecture, coupled with his strategic approach to organizational and business processes, will undoubtedly bring significant business value to CodeValue and its customers.”

In response to his appointment, Magen Margalit shared his excitement about this new chapter, stating, “After almost 20 satisfying years at Bank Hapoalim, I am thrilled to embark on a new path with CodeValue. I express my gratitude to Tali Shem Tov for the trust she places in me. Particularly during these challenging times, organizations require swift adaptability to create new services while ensuring business continuity. I am eager to contribute to these processes and make CodeValue my second home.”

 

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Posted in: Software and IT

Posted in tags: CodeValue

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