Over the years, Lavi has initiated and led a number of reforms in the areas of mutual funds, ETFs, portfolio management and investment consulting. Among these reforms are the transition of funds to investment policies based on asset exposure, exchange of holdings, determination of a unique disclosure method regarding the fund’s characteristics using name templates and exposure profile, transfer of ETF industry to mutual funds, in order to reduce investor risk, portfolio management service 2.0 and more.
Lavi also played a key role in formulating the Mutual Investments in Trust Law and regulations under it, which currently regulate the activities of mutual funds in Israel and in regulating the activities of investment advisers and mutual funds within the framework of the “Bachar Reform”. Lavi has served as a member of a number of public committees that have recommended a number of significant reforms. These include the Inter-Ministerial Committee for the Examination of the Custodian Market in Israel, which submitted its recommendations in 2011, the Committee for the Examination of the Steps for Increasing the Involvement of Institutional Bodies in the Israeli Capital Market (“Greedy Committee”), which submitted its recommendations in 2008 and served as co-chair. The need to regulate financial instruments (the “Financial Instruments Team”), which submitted its recommendations in 2007, which formed the basis for the move to transfer the ETF sector to a supervisory regime.
Lavi holds a master’s degree in business administration (finance and marketing) and a bachelor’s degree in economics and business administration from the Hebrew University of Jerusalem, both with honors.
Chairman of the Authority, Anat Guetta: “For the past 30 years, Dudu has been a partner in all the significant moves that have affected the investment industry and the Israeli capital market as a whole. Throughout his service he stood before his eyes, the public – both in safeguarding the interest of investors and in developing and creating a variety of investment products for them. I would like to thank his uncle for his extensive and blessed work and wish him much success in his future endeavors. ”
Dudu Lavie thanked the Chairman of the Authority for the joint work and noted that “I choose to retire towards the completion of three fascinating, intense, rich and enriching decades as a public servant in one of the most wonderful organizations there is. I am full of satisfaction for the right I had to take part in decision-making nodes and in many processes that have shaped the face of the capital market, in a way that serves the interests of the investing public. ”