Yaron Neudorfer, the Jewish Agency for Israel's chief financial officer, Tuesday announced his resignation. The Jewish Agency has recently endured staff cuts and reprioritized toward Diaspora Zionist education, while JFNA plans to discontinue its automatic funding of the organization.
"It's been six excellent years but the time has come to move on," Neudorfer said to the Jerusalem Post. "JAFI is undergoing changes and there will always be those who like it and those that dislike it but my decision has nothing to do with that."
JAFI spokesman Joshua Berkman told JTA that the agency asked Neudorfer to reconsider, but the CFO declined. He will stay on for a month while Director General Alan Hoffman appoints an interim CFO and searches for a successor.
"After serving six and a half years as CFO, Yaron feels that he is ready to seek new challenges," Jewish Agency leadership said in a statement. "Throughout this time, he was a partner to all major decisions and changes that the organization undertook, and played a crucial role. During this period the Agency suffered declining income while facing fluctuating exchange rates and global economic instability. The Finance Department, under Yaron's leadership, put in place a reporting system used in the private sector with maximum transparency. During his tenure, he improved the financial positions and shrunk the accumulated deficit to an unprecedented level."
.ORG Connection: The Jewish Agency for Israel inspires Jews throughout the world to connect with their people, heritage and land and empowers them to build a thriving Jewish future and a strong Israel. The Jewish Federations of North America represents 157Jewish Federations & over 300 independent Jewish communities.