Leon Yehuda Recanati (1890–1945) was a

Greek Greek may refer to: Greece Anything of, from, or related to Greece, a country in Southern Europe: *Greeks, an ethnic group. *Greek language, a branch of the Indo-European language family. **Proto-Greek language, the assumed last common ancestor ...

-born businessman and

Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...

community leader who became a prominent banker and

philanthropist Philanthropy is a form of altruism that consists of "private initiatives, for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private goo ...

Mandatory Palestine Mandatory Palestine ( ar, فلسطين الانتدابية '; he, פָּלֶשְׂתִּינָה (א״י) ', where "E.Y." indicates ''’Eretz Yiśrā’ēl'', the Land of Israel) was a geopolitical entity established between 1920 and 1948 ...

Biography

Leon Yehuda Recanati was born in 1890 in

Thessaloniki Thessaloniki (; el, Θεσσαλονίκη, , also known as Thessalonica (), Saloniki, or Salonica (), is the second-largest city in Greece, with over one million inhabitants in its Thessaloniki metropolitan area, metropolitan area, and the capi ...

. He was a leader in Greece's Jewish community until he immigrated to

in 1935. In 1936, he was elected as the representative of the Greek Jewish community to the

World Jewish Congress The World Jewish Congress (WJC) was founded in Geneva, Switzerland in August 1936 as an international federation of Jewish communities and organizations. According to its mission statement, the World Jewish Congress' main purpose is to act as ...

. Recanti's sons, Harry, Daniel,

Raphael Raffaello Sanzio da Urbino, better known as Raphael (; or ; March 28 or April 6, 1483April 6, 1520), was an Italian painter and architect of the High Renaissance. List of works by Raphael, His work is admired for its clarity of form, ease of ...

, and Jacques established the IDB Holding Corporation, one of the largest investment companies in Israel. His sons donated the Leon Recanati Business School at

Tel Aviv University Tel Aviv University (TAU) ( he, אוּנִיבֶרְסִיטַת תֵּל אָבִיב, ''Universitat Tel Aviv'') is a public research university in Tel Aviv, Israel. With over 30,000 students, it is the largest university in the country. Locate ...

in his honor in 1966.

Banking and public activism

In 1935, Recanati established the Palestine Discount Bank in

Tel Aviv Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the G ...

; the institution would later become

Israel Discount Bank Israel Discount Bank, Ltd. is a retail bank, commercial bank, private bank and financial services company headquartered in Tel Aviv with 112 branches throughout Israel. Discount Bank is a public company traded on the Tel Aviv Stock Exchange und ...

. In his later years, he became involved in philanthropic endeavors and served as a member of the executive committee of the Society of Friends of the

Hebrew University The Hebrew University of Jerusalem (HUJI; he, הַאוּנִיבֶרְסִיטָה הַעִבְרִית בִּירוּשָׁלַיִם) is a public research university based in Jerusalem, Israel. Co-founded by Albert Einstein and Dr. Chaim Weiz ...

and was the founder and chairman of Banim L'Gvulam, which encouraged the settlement of

Sephardic Jews Sephardic (or Sephardi) Jews (, ; lad, Djudíos Sefardíes), also ''Sepharadim'' , Modern Hebrew: ''Sfaradim'', Tiberian: Səp̄āraddîm, also , ''Ye'hude Sepharad'', lit. "The Jews of Spain", es, Judíos sefardíes (or ), pt, Judeus sefar ...

in Palestine.Jewish Virtual Library: "Leon Recanati"
retrieved May 12, 2013 In 1985, Recanati was honored on an Israeli commemorative postage stamp.

References

{{DEFAULTSORT:Recanati, Leon Yehuda 1890 births 1945 deaths Greek bankers Greek Jews Greek emigrants to Mandatory Palestine Jews from Thessaloniki Recanati family