Changing Faces at the Helm: Ilan Rom Steps Down as Israeli Finance Ministry’s Director General

Ilan Rom, Israeli Finance Ministry Director General, announced his resignation after a year in the position following the passage of the 2026 state budget. The ministry did not give reasons for his departure. Rom, a former Mossad official, assumed the role to address economic challenges during wartime.

The ministry credited Rom with introducing a geoeconomic perspective to the department. He was instrumental in shaping economic policy during the post-war period and preparing for the Abraham Accords 2.0, strengthening regional economic alliances, amid challenging times, including overseeing the 2025 and 2026 budgets.

Upon approving a defence-heavy 699 billion shekel ($221 billion) budget, lawmakers averted potential snap elections. It remains undetermined who will succeed Rom, while Michal Abadi-Boiangiu recently replaced Yali Rothenberg as the accountant general earlier this year.