The Managing Director of SF FINANCE and Projects, Ishay Erel is a seasoned professional with extensive operational, financial and managerial experience, and with substantial involvement in investment banking and international finance. He is leading in particular at present the challenging financial advisory to CityPass - the International concessionaire awarded with the Jerusalem LRT BOT System and several cross border advisory missions in the CEE region mostly in the real estate sector. Prior to joining SFG in 1997, Ishay was involved in founding and managing two other ventures in the investment banking sector; Puzzle Financial Solutions, an Israeli and Tmura T.N. an Israeli investment banking firm affiliated with the Israel General Bank. Prior to that he was for several years the international corporate finance manager of the large Industrial Group -Israel Chemicals Ltd. Ishay holds a B.Sc. in Industrial Engineering & Management, from the Technion in Haifa, Israel, and an MBA from Insead in Fontainebleau, France.