Kobi joined UBS in November 2011 as Head of IPS. Prior to assuming his current role, he was Chief Investment Officer at Clal Finance, the financial arm of Clal Insurance. From 1996 to 2007, he headed the Investment Portfolio Management unit at Psagot Securities, the largest and oldest investment portfolio management company in Israel. Previous to this, from 1991 to 1996, Kobi was an analyst and portfolio manager at Galor, a private investment boutique. He holds a BA degree in Economics and an MA degree in Economics and Finance, both from Haifa University.