October cohort · Started October 5, 2026
Enrollment still open

The Director Trackwith Adv. Michel Ohayon

Understand the numbers. Examine the strategy. Ask the right questions before making the next decision.

A comprehensive program for directors, CEOs, business owners, executives, and professionals who want to understand how companies operate, from finance and strategy to risk management, decision-making, and board responsibilities.

Zoom67 academic hours
944NISincl. VAT
What does the track include?

The program began on October 5. Enrollment is still open, with recordings available to catch up.
Mondays and Wednesdays · 5:15–7:45 PM · On Zoom

Adv. Michel Ohayon

Adv. Michel Ohayon

Founder of the Ohayon Center and developer of the program

As he put it in 1994:

“Being a director is a profession”

More than 38 years of experience working with companies, executives, and boards

The price

NIS 944

Includes VAT · Full program · No registration fee

Yes, this is the full price. Adv. Michel Ohayon and the Ohayon Center deliberately set it low to make comprehensive, rigorous professional training accessible to executives and professionals across a wide range of fields.

The center was established in memory of Michel's brother, Corporal Maxim Ohayon, who fell in the Yom Kippur War. Its work reflects a commitment to improving management and board practice in Israel.

Rather than telling you it is good value, here is exactly what you receive:

Much more than a directors’ course

20 sessions, 28 experts, practical knowledge, learning materials, professional tools, an active community, and support after the program ends. All included in one price.

Program structure

  • 20 live, interactive Zoom sessions
  • 67 academic hours of study
  • A structured curriculum across three modules
  • Session recordings for review
  • Evening sessions on Mondays and Wednesdays
  • Access to materials through a personal portal

Program leadership and lecturers

  • Led by Adv. Michel Ohayon, founder of the Ohayon Center
  • Michel supports participants and attends every session
  • 28 senior lecturers, directors, and experts
  • Practical experience from leading companies
  • Law, finance, management, marketing, and technology
  • A panel of experienced directors and advisors

What you learn

  • Business strategy, models, and innovation
  • Financial statements, cash flow, and valuations
  • Corporate finance, capital, mergers, and acquisitions
  • Corporate governance, responsibility, and risk management
  • Decision-making, influence, and negotiation
  • Artificial intelligence, cybersecurity, and future challenges

How you learn

  • Board meeting simulations
  • Case studies and real-world business dilemmas
  • Decision-making practice and analysis of alternatives
  • Questions answered through the chat during sessions
  • 30 minutes of Q&A after each session
  • Additional sessions to review and reinforce the material

Participant portal

  • Personal profiles to connect with fellow participants
  • Organized access to session recordings
  • Slides, summaries, and preparation materials
  • Lecture transcripts
  • A forum for questions and professional discussions
  • All program materials in one place

Tools and learning materials

  • A professional director's pocketbook
  • A practical toolkit for board work
  • A workbook for building your board candidacy
  • 100 practice questions for the exam
  • Tools for preparing for meetings and analyzing issues
  • Study materials for independent review

An international perspective

  • Two guest lectures in English
  • Ralph Ward, a US boardroom expert
  • Daniel Blume, Head of Corporate Governance at the OECD
  • International approaches and practices
  • A look at boards in global companies
  • A Hebrew summary after the English-language lectures

Exam and certificate

  • A review and preparation session for the final exam
  • 100 practice questions
  • A digital final exam taken from home
  • An option to retake the exam if needed
  • A certificate of completion in Hebrew and English
  • A joint certificate with Boardroom Insider

Community and networking

  • Meet senior executives and professionals
  • A professional forum for participant discussions
  • Personal profiles in the participant portal
  • A community of peers from a range of professions
  • Opportunities to expand your professional network
  • An in-person graduation event

Support after the program

  • 6 months of professional consultation through the 'red phone'
  • Membership in the Ohayon Center alumni community
  • An option to join the directors' registry at no cost
  • Advanced training and enrichment sessions for alumni
  • Ongoing connections with peers and professionals
  • Continued learning and professional-development opportunities

All this for NIS 944, including VAT. Not because we compromised on quality, but because we chose to make it accessible.

The October cohort began on October 5. Enrollment is still open, with recordings available to catch up.
Dozens of participants have already enrolled.

Mondays & Wednesdays · 5:15–7:45 PM · On Zoom · 20 sessions · 67 academic hours · Recordings available for recorded sessions

Meet your fellow participants

Who has already joined the October cohort?

Dozens have already enrolled. The October cohort brings together CEOs, business owners, finance and technology professionals, attorneys, managers, and serving board members:

A CEO in his fifties

CEOs, company owners & entrepreneurs

CEOs, business owners, founders, entrepreneurs, investors, and managing directors

A female executive in her forties

Directors & executives

Serving board members, external directors, vice presidents, chiefs of staff, and operations and business development managers

A finance professional in his forties

Finance, investments & capital markets

CFOs, finance managers, CPAs, investment managers, actuaries, internal auditors, and family office professionals

A female attorney in her thirties

Legal, regulation & risk management

Attorneys, notaries, mediators, in-house legal teams, insurance and risk management professionals

A technology professional in his thirties

Technology, AI, cybersecurity & engineering

Technology executives, cybersecurity experts, AI and business intelligence specialists, CIOs, COOs, engineers, and R&D managers

An industry and real estate professional in his fifties

Real estate, energy & industry

Real estate developers, executives in construction, renewable energy, quality and operations

A public-sector professional in her sixties

Education, public & non-profit sectors

Heads of educational institutions, school principals, directors of pre-academy programs, CEOs and founders of NGOs and NPOs

A senior manager in his forties

Professionals planning their next career step

Managers between roles, senior executives entering retirement, and professionals looking to expand their career options

CEOCFOAttorneyEntrepreneurDirectorCIOCPAEngineerChief of StaffInvestment ManagerMediatorVP FinanceActuaryInternal AuditorFounderOperations ManagerCOONGO CEOBoard ChairBusiness Development Manager

Some participants already serve on boards. Others work in management, finance, law, technology, or consulting and want to broaden their understanding beyond their own area of expertise.

The Director Track

Greater responsibility calls for a broader perspective.

Management and board roles require more than expertise in a single field. They call for an understanding of the business, its finances, strategy, risks, and decision-making processes. The Director Track connects these areas to help you contribute more effectively in management discussions and board meetings.

Build a broader business perspective

Daily responsibilities can leave little time to consider the wider business and its long-term direction.

20 structured sessions with experienced lecturers and peers provide time to examine the business beyond day-to-day operations.

Understand the financial picture

Financial statements, cash flow, financing, and valuations are essential to business decisions, even for executives without a finance background.

Learn to interpret the numbers, understand their implications, and ask informed questions.

AI as a management tool

Using new AI tools effectively requires an understanding of both their value and their limitations.

Dedicated sessions cover meeting preparation, reviewing materials, and comparing options, alongside responsible use and board oversight.

Connect with professional peers

Senior roles often offer fewer opportunities to discuss decisions with peers who understand the responsibility involved.

Learn alongside CEOs, executives, and finance, legal, and technology professionals. After the program, receive six months of professional consultation through the 'red phone' service at no cost.

What you'll learn

Three modules, each building on the last.

Develop business and financial understanding, strengthen your judgment, and apply both to board work. AI, cybersecurity, and practical business cases are integrated throughout the program.

Module 1

"An MBA for directors"

Understand the business

Business administration for directors

Financial statements · Cash flow · Strategy · Financing · Valuations · KPIs · Risks · M&A

Module 2

"Under the hood"

Make informed decisions

Decision-making processes

Information · Alternatives · Risks · Judgment · Negotiation · Influence · Group decision-making · AI

Module 3

"On the agenda"

Bring it all together in the boardroom

Corporate governance · Integration · Simulations

Apply business knowledge and decision-making skills to the director's role, including responsibilities, authority, oversight, and board practice. Business cases and simulations bring these areas together.

Enrollment is still open. Catch up on earlier sessions using the recordings.

Behind the program

How the curriculum was built

Adv. Michel Ohayon in a TV interview about AI and boards

Adv. Michel Ohayon developed the program based on decades of experience advising companies, management teams, and boards, as well as years of designing professional training.

Michel began with the director's work itself: which decisions directors need to make, what information they must read and assess, when they need to exercise judgment, and what they need to know to contribute professionally to the discussion and the decision.

The curriculum is organized around three core areas: business and financial understanding, decision-making, and board practice and corporate governance.

The lecturers, too, were selected to fit the curriculum and its areas of knowledge, not the other way around.

67

academic hours

20

live Zoom sessions

28

lecturers & experts

NIS 944

incl. VAT

Israel’s most comprehensive, in-depth, and wide-ranging directors’ program. Leading lecturers and experts, top-level content, real-world practice, and an international standard, for just NIS 944. Not because we compromised on quality, but because we chose to make excellence accessible to everyone.

Leading lecturers

28 lecturers, directors, and experts. One program.

CEOs, directors, attorneys, CPAs, investment professionals, AI and cybersecurity experts, entrepreneurs, and corporate governance specialists — each bringing their own area of expertise and experience to the program.

Not one lecturer teaching everything. In each field, you learn from people who work in it every day.

Adv. Michel Ohayon

Center founder & boardroom expert

CPA Yulia Levi

Partner at BDO Finance Academy

CPA Jos Neuhaus

CEO & director, 35 years’ experience

Haim Cohen

Former CEO, Dun & Bradstreet

CPA Idit Schnir

Attorney, financial advisory KS Finance

Itamar Nevo

Deloitte partner Business strategy

Odelya Ohayon

Former Nokia & Samsung executive, strategy

Kfir Ron

AKITA founder & CEO Cybersecurity & risk management

Dr. Asher Idan

Futurist, technology and AI expert

CPA Esti Lariach

AI and finance expert

CPA Lior Agai

Mashik CEO, former BDO partner

CPA Yevgenia Kramer

KPMG partner, financial risks

Tamar Adler

SMC CEO Family businesses

Dorit Uziel

Body language & communication, 25 years

Iris Keynan

VisionBIT CEO, formerly IBM

Adv. Amiram Gil

Founder, Capital Market Clinic at Reichman

Dr. Rami Sasson, Adv.

Former Chief Compliance Officer, Discount

Dr. Estery Gilaz-Ran

Board director at Mizrahi-Tefahot Bank

Adv. Raz Even-Har

25 years advising technology companies

Mr. Daniel Blume

Head of Corporate Governance, OECD

Mr. Ralph Ward

Boardroom expert, author of seven books

Adv. Meital Liberman

Trusts in Israel and worldwide

Zvi Stepek

Meitav co-founder, capital markets leader

CPA Ronit Budo

Former Migdal director & committee chair

Dr. Edna Litmanovich

Neuroscience and Bank Hapoalim regulation

Dr. Itzik Lax

Attorney, board chair & director, corporate turnaround

CPA Bashar Kassem

Former provident funds department head, MoF

Liana Solomon

Marketing, personal branding & executive positioning

From our graduates

What our graduates say

Before the program, I saw the board mainly as the place where I report on how things are going in the organization. After the program, I see it as a thinking group that challenges me as a CEO and helps drive better results. The combination of hands-on board meeting practice with real companies' balance sheets — that's what makes this program unique.

Haim Israeli

Haim Israeli

CEO, Beit Horim Ltd.

The program made one thing crystal clear: being a director is a profession, and you need to show up prepared. As an attorney, I knew the legal side well — the program showed me just how important a real understanding of the business and financial side is to being an effective director.

Adv. Raz Even-Har

Adv. Raz Even-Har

Founding partner, Neve, Even-Har, Sachai, Orenstein, Law Offices

The most significant thing I took away: even a big, complex, brand-new subject can become accessible and clear — clear enough to make decisions with greater confidence. The structured format and the throughline between sessions made it all click.

Matan Ben-Asher

Matan Ben-Asher

Software developer and non-profit director

A highly practical program, thoughtfully and thoroughly built, with outstanding lecturers and a genuinely useful pocket notebook. The cohort itself becomes a real professional network — highly recommended for anyone who wants to go deep.

Dalit Ofek Bokai

Dalit Ofek Bokai

Director at a municipal corporation and founder of the TEMI venture

Behind the program

Adv. Michel Ohayon · "Being a director is a profession"

Adv. Michel Ohayon, founder of the Ohayon Board Excellence Center and developer of the program, has spent more than 38 years in commercial and corporate law, board work, and corporate governance.

Over the years, he has advised companies, executives, and boards on the issues at the heart of board work: officers' liability, decision-making, corporate structure, share capital, board–management relations, and governance.

The program reflects his view that effective board work requires more than legal knowledge. Directors need to understand finance, strategy, risk, people, technology, and the business itself, and above all to connect these areas and ask the right questions at the right time.

Michel teaches alongside directors, CEOs, CPAs, attorneys, investors, and specialists in strategy, AI, cybersecurity, and governance. Each contributes knowledge and experience from their own professional practice.

Adv. Michel Ohayon lecturing at the Ministry of Justice

Michel Ohayon lecturing at the Ministry of Justice

Who is behind the program

Ohayon Board Excellence Center

The Ohayon Center provides training, professional resources, and development opportunities for directors, executives, and company stakeholders. Alongside the Director Track, it offers advanced training and professional initiatives, supports an alumni community, and maintains a directors' registry.

Graduates can stay involved through the Ohayon Club, continuing education, professional meetings, and the directors' registry.

Corporal Maxim Ohayon, of blessed memory
Corporal Maxim Ohayon, of blessed memoryThe center was established in his memory after he fell in the Yom Kippur War. It honors his memory through work that contributes to Israeli society.
Graduate cohorts
A professional community
Advanced training
Directors' registry
International partnership
Ralph Ward

Mr. Ralph Ward

Publisher, Boardroom Insider

An international partnership with Boardroom Insider

Israeli boards, with an international perspective

Mr. Ralph Ward, publisher of Boardroom Insider and an international expert in corporate governance and board practice, leads a guest session in English on how US boards operate.

Boardroom Insider is a long-running US publication on boardroom practice and corporate governance. The program's certificate of completion is issued jointly by the Ohayon Center and Boardroom Insider, reflecting the professional collaboration between the two organizations.

Ohayon Board Excellence Center+Boardroom Insider

Certificate of completion

Complete the program with a distinguished certificate

Upon completing the program and meeting its requirements, participants receive a certificate of completion in Hebrew and English from the Ohayon Board Excellence Center and from Boardroom Insider in the US.

The certificate reflects a comprehensive program of 20 sessions and 67 academic hours, covering finance, strategy, law, corporate governance, risk management, AI, cybersecurity, board work, and decision-making.

The program also includes a final exam, a preparation session, and 100 practice questions, because the certificate should represent a serious learning process, not simply attendance on a course.

The two-page certificate includes the certificate of completion and a summary of the subjects studied. You can add it to your resume and LinkedIn profile.

Certificate page 1 — sample
SAMPLE

Certificate of completion in Hebrew and English · For illustration only

The alumni community

More than learning together: getting to know one another

The program is delivered on Zoom and concludes with an in-person graduation event. It is an opportunity to meet fellow participants and lecturers, continue discussions from the sessions, and strengthen the professional relationships formed during the program.

Michel Ohayon talking with track graduates at the graduation eventA lecturer and a graduate at the graduation eventA farewell address at the graduation eventLecturers and graduates at the closing session of the eventA balloon with the Ohayon Center logo at the graduation eventGraduates meeting at the graduation eventPreparing refreshments for the graduation eventA lecturer speaking at the graduation eventGraduates raising a toast at the graduation eventGraduates talking at the graduation eventGraduates celebrating together at the graduation event

A graduation event for a previous Director Track cohort

Enrollment is still open for the October cohort

The program began on October 5, 2026. Enroll now and catch up using the recordings.

Mondays & Wednesdays · 5:15–7:45 PM · On Zoom · All sessions recorded

NIS 944 for the full program, including VAT

Dozens have already joined · Registration is still open

Join the October cohort

Does a later start suit you better?

If a later start date suits you better, enrollment is open for the following cohorts:

Both cohorts meet live on Zoom on Mondays and Wednesdays, 5:15–7:45 PM.

Early enrollment includes three early-registration benefits.

Choose your preferred date and secure your place.

Frequently asked questions

Everything you wanted to know

Can I join after the cohort has started?+

Yes. The October cohort began on October 5, 2026, and enrollment remains open. You can catch up on earlier sessions using the recordings and complete a make-up assignment to meet the attendance requirement. Sessions take place on Mondays and Wednesdays, 5:15–7:45 PM, on Zoom.

What happens if I miss a session?+

Every session is recorded and available on demand for four months. You can use the recordings to catch up or review the material. To meet the attendance requirement, complete a missed session by watching the recording and submitting a make-up assignment.

Do I need an academic degree or previous experience?+

No academic degree or previous board experience is required. The program provides a foundation for those new to board work, alongside advanced knowledge and practical tools for experienced executives and professionals.

Is the program suitable for CEOs and business owners?+

Yes. CEOs, business owners, founders, and entrepreneurs make up about 31% of registrants, the largest group in the cohort. The program helps you understand the company from a board perspective, covering financial reports, strategy, risk, financing, law, and AI, as well as the questions to ask before major decisions.

Is the program suitable for finance, accounting, and audit professionals?+

Yes. The program connects financial expertise with decision-making, strategy, corporate governance, valuation, financing, risk, and directors' responsibilities. It helps you apply your professional knowledge within the wider context of board work.

Is the program suitable for attorneys and legal professionals?+

Yes. The program builds on legal knowledge with finance, financial statements, strategy, valuation, financing, risk, and AI. It also examines directors' duties and responsibilities in greater depth.

Is the program suitable for technology, cybersecurity, and AI professionals?+

Yes. Boards need to assess technology-related decisions, even when their members do not have a technical background. Dedicated sessions cover AI, cybersecurity, innovation, technology companies, and the board's role in asking informed questions and providing oversight.

Can I participate without any board experience?+

Yes. The program starts with the fundamentals of board work and its terminology, then progresses to advanced topics, practical tools, and simulations. Participants bring different levels of management and board experience, allowing you to learn from a range of perspectives.

Can I participate while working full-time?+

Yes. Sessions are held on Zoom in the evening, from 5:15 to 7:45 PM, with no travel required. Recordings are available if you need to catch up on a session you miss.

What are the requirements for the certificate?+

To receive the certificate of completion in Hebrew and English from the Ohayon Center and Boardroom Insider, you must meet the 80% attendance requirement and pass the final exam. Missed sessions can be completed by watching the recordings and submitting a make-up assignment.

How does the final exam work?+

The final exam is digital and can be taken from home at a time that suits you. Preparation is provided throughout the program. If you do not pass on your first attempt, you can retake it until you pass. The aim is to assess your understanding of the material and your ability to apply it.

Is the certificate officially recognized?+

In Israel, no government body accredits or officially recognizes certificates from private directors' programs. This certificate is issued by the Ohayon Center and Boardroom Insider. The program's value lies in its curriculum, lecturers, completion requirements, and the practical knowledge and tools it provides.

Does the program guarantee a board appointment?+

No. Board appointments depend on a candidate's experience, skills, professional network, and available opportunities. The program provides knowledge, practical tools, and preparation for the role, along with the option to be listed in the center's directors' registry.

Is there a referral benefit?+

Yes. We plan to offer advanced sessions, lectures, and additional professional content for graduates throughout the year. For each new participant who completes enrollment through your referral, you receive one advanced session at no cost. Choose from the available sessions and redeem the benefit within 12 months. Each additional referral that results in completed enrollment earns another session.

October 2026 cohort · Began October 5 · Enrollment is still open

20

live Zoom sessions

Mon & Wed

5:15–7:45 PM

28

lecturers & experts

Dozens

already joined

100

exam practice questions

Until Feb 2027

access to recordings

6 months

of professional consultation after the program

67

academic hours

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