Joseph Nitzani joined Teva’s Board of Directors in 2008, serving as a statutory
independent director under Israeli law. From 2008 until 2010, Mr. Nitzani served as
Chairman of Hadassah Medical Center, after serving as a director there from 1996
until 2008. Between 2001 and 2007, Mr. Nitzani held various management positions at
Mizrahi-Tefachot Bank Ltd., most recently as Head of the Capital Markets Division.
Previously, he served as Managing Director of the Government Companies Authority
from 1991 to 1995 and CEO of the Tel-Aviv Stock Exchange from 1980 to 1991.
Mr. Nitzani served as a director in three subsidiaries of Migdal Capital Markets Group
from December 2009 (and as a Chairman of one of them from 2010) to 2013.
Mr. Nitzani also served as a director of the Tel-Aviv Stock Exchange and of S&P
Maalot, both from 2001 to 2007, and of Adanim Mortgage Bank from 2006 to 2008.
Mr. Nitzani received a B.A. in economics from Bar-Ilan University in 1971 and an
M.B.A. (with distinction) from Tel Aviv University in 1974. Mr. Nitzani’s years as an
executive in the banking, finance and insurance industries, as well as his
governmental, regulatory and hospital administration experience, provides broad
business, capital markets, financial, accounting and regulatory expertise.