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Africa Israel Board Okays Novogrocki CEO Appointment

(Corrects name of company in first paragraph in story first published yesterday.)

July 8 (Bloomberg) -- Africa Israel Investments Ltd.’s board approved today the appointment of Avraham Novogrocki to chief executive officer, the company said in an e-mailed statement.

Novogrocki, who has served as CEO of Africa Israel Industries Ltd., replaces Izzy Cohen, whose resignation was announced on June 27.

To contact the reporter on this story: Gwen Ackerman in Jerusalem at

To contact the editor responsible for this story: Calev Ben-David at

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