Dr. Gil Michael Bufman

Chief Economist
Leumi Group


Dr. Gil Michael Bufman is the Chief Economist at Leumi Group, a position he has held since 2001. He is a well-known and highly respected economist, advising and commenting frequently on economic policy in Israel, the state of the Israel economy and the global economic outlook. 

Before joining the Leumi team, Dr. Bufman was involved in economic policy decision making and its implementation as Senior Economic Advisor at Israel's Ministry of Finance.  Prior to that, he was Senior Economist at the Bank of Israel in the Monetary Department and later on an adviser to the research division.  For over a decade, Dr. Bufman authored a series of reports covering the outlook for Israel, published by the world renowned Economist Intelligence Unit, and he has held numerous institutional investor board and investment committee memberships.

Earlier in his career he was an Economic Consultant at The World Bank, dealing with Latin America issues, exchange rate mechanisms and disinflation. He was a Senior Economist at Bank Hapoalim in the Economic Department.  Dr. Bufman also served in the Israeli Air Force, in the area of research and development and worked as a technological project manager at the Israeli Aircraft Industry and other high-tech defense companies.

He earned a Ph.D. from Tel-Aviv University.  Dr. Bufman served as a lecturer at Tel-Aviv University, the Hebrew University of Jerusalem and Herzelia Inter-Disciplinary Center. He was  a faculty member at the Academic College of Tel-Aviv Yaffo.