BOG 2019: Hugo Ramniceanu Prize in Economics

Written on |

Prize awarded to Imad Telhami, Chairman and Founder of Babcom Centers, for promoting the integration of minorities into Israel’s workforce

The 2019 Hugo Ramniceanu Prize in Economics was awarded to Imad Telhami, Chairman and Founder of Babcom Centers, a company that provides call center services to leading Israeli businesses as well as software development services. The company, which has 11 branches and is centered in northern Israel, employs 2,500 workers, of which 70% are from the Arab sector, and 80% women.

The Hugo Ramniceanu Prize honors the late Hugo Ramniceanu, a longtime President of the French Friends Association. It is awarded annually to distinguished personalities in the Israeli business world. The Prize was awarded in the presence of Hugo Ramniceanu’s daughter, Dr. Monique Barel, son, Gerard Ramniceanu, and members of the French Friends. The ceremony was moderated by Marc Haddad, Treasurer of the French Friends.

Fostering inclusivity

Telhami, a Christian Arab, was awarded the prize in recognition of his vision in founding a company that generates employment opportunities for minority groups and individuals in Israel’s socioeconomic and geographic periphery, and his civic leadership in promoting the democratic values ​​of equality and inclusiveness as a central part of his business model.

Telhami has served in numerous civic posts and has participated in a number of projects with partners who share his commitment, including the Lautman Foundation, Appleseeds Academy and the University of Haifa. He is a member of the Board of Kav Mashve Kav, a non-profit organization which promotes equal employment opportunities for Arab university graduates within the Israeli business sector, as well as a member of the Advisory Committee for Economic Development in the Arab, Druze and Circassian sector in the Prime Minister’s Office.

Outgoing TAU President Joseph Klafter praised Imad Telhami for his entrepreneurial spirit in founding Babcom Centers and transforming it within a decade into an Israeli success story. “Both Babcom and Tel Aviv University depend on the top talent of Israel to push forward technological innovation. The difference is that Imad hires the talent, while TAU is training the talent,” said Prof. Klafter. He congratulated Telhami on his decision to donate his award money to scholarships for Arab women studying STEM fields. “It means a lot to our Arab students to receive support from a successful role model from their community,” said Prof. Klafter.

Dr. Monique Barel noted that this was the 4th decade of allocating the Ramniceanu Prize. “Nobody at that time identified Israel with economic development. Then came my father, an industrialist of Romanian origin, who recognized Israel’s potential in the economic sphere,” said Barel. 

Chairman of the Board of Governors Prof. Jacob A. Frenkel said, “Hugo Ramniceanu would have been thrilled beyond words to see how successfully Israel is performing in the global economic arena. Long before the term ‘Startup Nation’ was born, Hugo put his faith in scientific and technological progress, seeing it as the prime factor for Israel’s strong competitive edge.” He congratulated Telhami and noted that one of the co-founders of Babcom was the late TAU benefactor and industrialist Dov Lautman, himself a Ramniceanu Prize winner.

An enterprise with a social mission

In his address to the gathering, Telhami said, “Unlike many of the recipients of this prestigious prize, my business is a small one. However, I see this as a prize that awards those who work hard to combine success with a social mission,” he said. “I am proud to receive this prize on behalf of small social entities serving the public interest and the Arab community on the periphery of Israeli society. I see the company I built as an opportunity to build bridges and an instrument to create a global entrepreneurial peace community. I thank all our customers who trusted us, our investors and partners and of course my family. “

The Hugo and Valerie Ramniceanu Scholarship in Economics was awarded to Alexander Zinchin, a student of economics and management.

Recent winners of the Prize include: Gett founder and CEO, Dave Weiser; CEO of Castro Etti and Gabi Rotter; Intel Israel CEO Maxine Fassberg; founders of Medinol, Kobi and Yehudit Richter; founders and developers of WAZE, Noam Baradin, Uri Levine, Ehud Shabtai and Amir Shinar; founder of the Dr. Fischer complex, Dr. Eli Fischer; and Rami Levy, supermarket titan.

Fetured image: Ramniceanu Prize winner Imad Telhami. Photo: Israel Hadari 

Related posts

Cyber Week 2022 at TAU: Combating ‘Real and Growing’ Threats

June 23, 2022

Asper Foundation, TAU Launch Innovative Clean Water Project

June 15, 2022

The “Nobel of Mathematics”: TAU Prof. Noga Alon Wins the Prestigious Shaw Prize in Mathematical Sciences

June 8, 2022

BOG 2022: Kadar Family Award for Outstanding Research Presented to Four TAU Scholars

June 6, 2022

Blavatnik Prizes for Computer Science Awarded to Doctoral Fellows

June 5, 2022

BOG 2022: Smolarz Family Building Dedicated

June 5, 2022

Pride Week on TAU Campus

June 1, 2022

BOG 2022: Strauss Brain Bank Inaugurated

May 31, 2022

TAU Opens Registration for New Management & Liberal Arts BA

May 30, 2022

BOG 2022: From Making Tahini to Advocating Rights

May 29, 2022

BOG 2022: Celebrating Life through Science 

May 29, 2022

BOG 2202: Prajs-Drimmer Fellowships Presented to Students Researching Drug Development

May 27, 2022

BOG 2022: Closner Family Chair for Next Generation Organ and Tissue Implants Inaugurated

May 25, 2022

European Parliament President at TAU: “Where There’s Dialogue, There’s Hope”

May 23, 2022

BOG 2022: TAU Inaugurates Pouran and Parviz Izak Nazarian Building

May 23, 2022

BOG 2022: Arbib Entrance Plaza Named

May 19, 2022

Helping Thousands of Students and Alumni Job-hunt

May 18, 2022

BOG 2022: TAU Inaugurates Sagol Center for Regenerative Medicine

May 17, 2022

Tel Aviv University Launches the International Graduate School for Social Sciences

May 17, 2022

BOG 2022: TAU Inaugurates Koret Center for Jewish Civilization

May 16, 2022

BOG 2022: TAU Inaugurates Sylvan Adams Sports Center

May 14, 2022

BOG 2022: Exposing Hidden Truths from the Female Perspective

May 13, 2022

BOG 2022: TAU Awards Honorary Degrees to Change-Making Cohort

May 13, 2022

BOG 2022: Nine Winners Receive Reimagined Dan David Prize

May 12, 2022

This Week: TAU Welcomes Governors to Annual Meeting

May 10, 2022

On Israel’s Independence Day, TAU Celebrates Breakthroughs

May 3, 2022

New Collaborations between TAU and Leading Turkish Universities

April 29, 2022

TAU Launches Manufacturing Research Center in India

April 13, 2022

Strengthening Local Leadership in Israel

April 5, 2022

First Israeli Research Book Published in Abu Dhabi

April 3, 2022

TAU Welcomes Ukrainian Emergency Fellowship Students

March 31, 2022

Prof. Ehud Gazit – First Israeli to Receive Prestigious International Recognition in Chemistry

March 31, 2022

From War in Ukraine to Studies at TAU

March 20, 2022

TAU Special Briefing: Crisis in Ukraine

March 8, 2022

TAU graduates are making waves in Israel and beyond

March 8, 2022

Investment in Social Funds Leads to a Reduction in Charitable Donations

March 7, 2022

TAU Launches Emergency Fellowship Fund for Ukrainian Graduate Students

March 3, 2022

The New Dan David Prize Announces Inaugural Cohort of Winners

March 2, 2022

Prof. Oded Lipschits Awarded the 2022 EMET Prize in Archaeology

February 21, 2022

And Let There Be Light

February 6, 2022

More than 16,000 participants on TAU’s Open Day 2022

February 2, 2022

The Magnificent TAU Trees

January 16, 2022

For the 1st time at an Israeli university: Air and Space Power Center

January 4, 2022

First Anniversary of Morocco-USA-Israel Agreement

December 28, 2021

TAU Students Racing Towards a Greener Campus

December 21, 2021

TAU and Goethe University Establish Joint Center for Interfaith Studies

December 19, 2021

TAU Ventures Raises $50M to Boost Israeli Startups

December 12, 2021

Coexistence – Israel’s Inevitable Faith

December 6, 2021

Cybermania

November 30, 2021

Tel Aviv University and Rutgers University Strengthen Ties

November 29, 2021

Pursuing the Unknown

Copyright ©  Tel Aviv University Trust. All rights reserved.
Registered charity number 314179.