Leon Yehuda Recanati

Leon Yehuda Recanati (; 1890–1945) was an Ottoman-born businessman and Jewish community leader who became a prominent banker and philanthropist in Mandatory Palestine.

Biography Leon Yehuda Recanati was born in 1890 in Thessaloniki. He was a leader in Greece's Jewish community until he immigrated to Mandatory Palestine in 1935. In 1936, he was elected as the representative of the Greek Jewish community to the World Jewish Congress. Recanti's sons, Harry, Daniel, Raphael, and Jacques established the IDB Holding Corporation, one of the largest investment companies in Israel.

Banking and public activism In 1935, Recanati established the Palestine Discount Bank in Tel Aviv; the institution would later become Israel Discount Bank. In his later years, he became involved in philanthropic endeavors and served as a member of the executive committee of the Society of Friends of the Hebrew University and was the founder and chairman of Banim L'Gvulam, which encouraged the settlement of Sephardic Jews in Palestine. In 1985, Recanati was honored on an Israeli commemorative postage stamp.