TEL AVIV, June 29 (Reuters) - Tel Aviv Stock Exchange (TASE) Chairman Amnon Neubach will retire on Aug. 1 to consider new opportunities that may conflict with his current role, the bourse said on Tuesday.
Neubach has chaired TASE's board of directors since 2014.
"I have recently received requests from several businesses to take up an active role in their activities, which could potentially create a conflict of interests," Neubach said in a letter to the board, according to a bourse statement.
"Those companies operate in the financial-technological field, which I personally find fascinating."
TASE's board will convene in the next several days to discuss Neubach's decision and begin a recruitment process for a new chair, the statement said. (Reporting by Steven Scheer Writing by Rami Ayyub; Editing by Richard Chang)
