TEL AVIV, Israel, March 2 /PRNewswire/ --

- EFRAT PELED NAMED TO PRESTIGIOUS FORUM OF YOUNG GLOBAL LEADERS

Efrat Peled, CEO of Arison Investments, was chosen yesterday to join the World Economic Forum's prestigious Forum of Young Global Leaders under the age of 40. The group comprises approximately 200 young leaders from all over the globe, who are recognized for their professional achievements, their commitment to society and their potential to contribute to shaping the future of the world.

Peled was chosen after being recommended by Arison Group Chairman Shari Arison, who welcomed the honor.

I recommended and supported the selection of Efrat, a leader in developing and implementing the Arison Group vision of sustainability and environmental stewardship and someone who can promote these important values within the Forum, said Arison.

The Forum is a significant platform with global influence on the laws of the economic, social and environmental world in which we live, said Peled. To participate in and contribute to this group is an outstanding honor, and I'm thankful both to Shari for nominating me, and the Forum of Young Global Leaders for selecting me.

Peled has extensive international executive experience in the financial, operational and philanthropic sectors. Drawing on her special expertise in managing complex and wide-ranging investment portfolios and in coordinating joint operations with leading investment banks and top international financial institutions, Peled oversees the operations of multibillion-dollar global funds.

Peled sits on the board of directors of Bank Hapoalim, Israel's largest bank, and is a member of several of the board's committees. She is also a member of the board of directors of Shikun Binui, one of Israel's largest real estate and infrastructures groups, and of Israel Salt Industries.

Arison Investments focuses on the business core of sustainability and applies the vision of securing the human existence to the field of global business. The company views the universal challenges as an opportunity for business innovation and for exerting a beneficial influence on Israel and the world. The company's business activities are directed towards high financial returns, alongside bringing about a new business reality on earth that incorporates consideration of the social and environmental aspects.

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas. Incorporated as a foundation in 1971, and based in Geneva, Switzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan or national interests. (www.weforum.org).

Contact: Peter Collins Steinreich Communications +1-201-498-1600 pcollins@scompr.com

Peter Collins, Steinreich Communications, +1-201-498-1600, pcollins@scompr.com, for Arison Group