Merger of two large Israeli banks
Planning and executing a post-merger integration of two large banks
- Business Dilemma:
Based on TASC’s analysis and recommendation, a major bank decided to merge with another bank. TASC was asked to design the overall merger and post-merger integration process and provide ongoing support and oversight during the process.
TASC planed the overall merger process including pre-merger preparations and post-merger integration. TASC helped the organization establish major milestones and define key success factors for the change; analyze organizational implications of major merger-related decisions; build capabilities; shape workplace culture; and design the new entity’s operating model and organizational structure.
- Strategic Solution & Impact:
The merger was successfully completed based on the comprehensive plan created by TASC. The merged bank has increased its market share considerably
For more information: Ilan Bronstein, PHD Ilan.Bronstein@tasc-consulting.com