Moshe Sanbar
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Moshe Sanbar (born 1926) is an economist and Israeli public figure. Served as the Governor of the Bank of Israel (1971 - 1976).
Sanbar was born on March 29, 1926 in Kecskemet, Hungary. His Parents, Solomon and Margaret Sandberg, were murdered in Auschwitz in 1944.
Sanbar's highschool studies ended upon the Nazi occupation of Hungary. In June 1944 he was drafted to the Labour Service and shortly later sent to Dachau in Germany. In April 1945 the camp was liberated by the Allied Forces. Sanbar contracted Typhus and upon his recovery returned to Hungary and studied economy in Budapest University.
In 1948 Sanbar made Aliyah to Israel and was drafted to the IDF. During the Israeli War of Independence he was injured.
His studies at the Hebrew University of economics and sociology were completed in 1953.
For many years Sanbar was active in financial afairs, within the academy, in public service and in the private sector. Between 1960- 1971 he held high level functions in the Israeli Ministry of Finance, concluding as a financial advisor to the Minister Pinhas Sapir and as the Budget Director.
During these years Sanbar was involved with financial legislation and headed several government committees. On the subject of budget planning he was invited to advise the United Nation.
After the Six Day War Sanbar conducted the economic policies concerning the Palestinians, as well as the development of unified Jerusalem.
In 1970 he was appointed to the Ministry of Trade and Industry as Acting Minister, while Pinhas Sapir held this post in addition to his appointment as Minister of Finance.
Between 1971 and 1976 Sanbar served as Governor of the Bank of Israel. His actions during and after Yom Kippur war maintained a stabalized market.
After his retirment from public service Sanbar held many duties in the private sector as head of industrial and financial institutions, among them Chairman of Bank Leumi (1988 - 1995). In 1981 he completed a five year committee report on the structure and work of the municipality in Israel.
Since 1995 Sanbar serves as financial consultant, alongside many voluntary work in cultural, educational and social organizations. Also, he was elected President of ICC Israel and a member of its world management.
His work for the benefit of Holocaust survivors is ongoing since 1987. In recent years he is involved in international efforts made by the governments of Switzerland and the US. In the Claims Conference he served as Deputy Chairman, Treasurer and Chairman of the Executive Board.
