TEL-AVIV, Israel—Gazit-Globe, one of the world's leading multi-national real estate companies has appointed Adi Jemini chief financial officer and a member of its executive committee.

The appointment will take effect April 1 2016, following a comprehensive process of transition. Jemini is succeeding Gil Kotler, who is stepping down as the company's EVP and CFO after 18 years. Jemini, 37, a certified public accountant, has previously held several senior positions within the company. For the past three years he has served as chief of staff to the group's chairman and controlling shareholder, Chaim Katzman. Jemini has been actively involved with all the senior managements of the company's subsidiaries, as well as in M&A activity.

Previously, he served for almost three years as regional controller of Equity One Inc., Gazit-Globe's US subsidiary. In this position, he was responsible for the entire West Coast region as well as the South Florida region, with direct supervisory authority over the property management of more than 60 of Equity One's shopping centers with an aggregated worth of $1.7 billion and generating an annual net operating income (NOI) in excess of $100 million.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.