The IDB Group is the largest investment company in Israel, and part of some of the most influential business enterprises in the Israeli economy and overseas. As the largest holding company in Israel, leadership is a day-to-day reality for the IDB Group. As the driving force in the Israeli private sector, IDB leads the way in various and significant industries, and sets the pace for Israel's continued economic advancement. The IDB Group views contribution and support to the Israeli community as a central tenet of its business vision.
Mr. Nochi Dankner, a Major (res.) in the Israel Air Force, is the major shareholder, Chairman and CEO of the IDB Group. Currently, Mr. Dankner leverages his broad entrepreneurial and managerial experience to actively manage the IDB Group companies.
Committed to giving back to the community, Mr. Dankner serves as the Chairman of the IDB Foundation which contributes every year to organizations and various projects in the fields of education, welfare health, culture and the environment. Mr. Dankner also holds key voluntary positions in various associations, among them, MATAN, The Tel-Aviv Sourasky Medical Center and Natal.
The IDB Group considers contribution to the community as an important and guiding value, which reflects both its corporate culture as well as its defining corporate values, and believes that along with business leadership comes an obligation for societal and moral leadership. The IDB Foundation, which coordinates the Group's contributions, donates to projects and associations in realms that the Group has defined in its vision and its social responsibility policy as matching the goals upon which it wants to focus.
At the end of August 2006 when the Second Lebanon war ended, at a director's meeting held in the northern border city of Kiryat Shmona, Nochi Dankner announced that, "the IDB Group has a responsibility and an obligation to enlist, with no conditions, to the effort to help the residents of the North". At that meeting a decision was taken whereby the IDB Group and its daughter companies make a contribution to the Jewish Agency for war relief, over and above the regular annual Community Relations budget, to support and assist communities along the northern and southern borders which were damaged by the war.
Some of these funds were directed to the Youth Futures program, and the IDB Group has pledged a 3-year commitment to the Youth Futures localities of Safed, Hazor, Rosh Pina, Akko, Mateh Asher, Nazareth Ilit and Sderot - all suffering from ongoing missile attacks.