Cedric Oliverstone

Cedric Oliverstone General Information

Biography

Mr. Cedric Oliverstone Co-Founded and served as Managing Director at FTQ - Financial Services. After his arrival, Cedric joined Bank Leumi, starting a bank career from which he retired only in 2006. In his 40 years at Leumi, Cedric held several key positions, among which was, from 1988 till his retirement, the position of Executive Vice President responsible for the International Banking Relations Department in Head Office Tel Aviv. This included responsibility and control over the Leumi Group's overall global counterparty and country risk in billions of dollars, within appropriate credit limits. During this time, Cedric worked closely with risk management and dealing room staff. He was also responsible for the relationships with hundreds of correspondent banks around the world. He accompanied the Chairman and CEO on extensive foreign travel while himself travelling to over 75 countries around the globe, including several Arab capitals. His position required him to host foreign bankers, analysts, rating agency representatives as well as numerous foreign delegations. He was also a member of many senior committees in the Bank and was a founder member of the bank's foreign securities investment committee where he continued to serve for two years even after his retirement. Other previous positions include Senior Manager (chief dealer), responsible for The Foreign Exchange Dealing Room, Head Office, Tel Aviv, and Chairman of the Israel Forex Association. At the end of the 1970's Cedric completed a seven year assignment in the United States where he served as Executive Vice President in charge of Leumi Securities New York NY, and as Manager of Bank Leumi, Beverly Hills, CA. Today, Cedric is involved in philanthropic matters in Israel, principally through the Olivestone Trust. He is also Chairman of PlaNet Finance Israel, a micro-finance advisory company.