In November 2020, Hassan Towafra was appointed Head of the Authority for the Economic Development of the Arab Society at the Ministry for Social Equality. He completed his tenure in this role in August 2025. Under his leadership, the Authority advanced policies designed to reduce socio-economic gaps and promote the integration of Arab society into Israel’s economy and broader community.
In this role, Towafra led the approval and implementation of Government Resolution 550, a five-year plan aimed at narrowing disparities between Arab society and the general Israeli society, with an unprecedented budget of 30 billion NIS. This plan encompasses a wide range of programs across multiple sectors, including education, employment, economic development, sports, health, infrastructure, and more. Towafra chaired and participated in numerous committees and inter-ministerial teams addressing issues concerning Arab society. Together with the Authority’s team, he collaborated with Arab local authorities, civil society organizations, private-sector companies, and philanthropic foundations. Through the Authority’s various departments, he managed relations with government ministries, initiated joint projects, and oversaw a comprehensive advisory and monitoring framework to ensure the effective implementation of Government Resolution 550. Now in its fourth year, this plan encompasses hundreds of initiatives that significantly advance the integration of Arab society into Israel’s economy and broader society.
Previously, Towafra served as Deputy Director of the Government Companies Authority and Head of its Finance and Control Unit. In this capacity, he oversaw financial management and business development within Israel’s government-owned companies (over 100 companies managing assets valued at 235 billion NIS). His work focused on strengthening financial oversight and maintaining economic stability across these companies. During his tenure, reporting and control mechanisms were enhanced, a financial performance measurement system was adopted, and oversight of proper management and efficient resource utilization was reinforced. He also promoted innovation, risk management strategies, and the first-ever public offerings of government companies on the stock market.
Between 2010 and 2015, Towafra held positions in leading financial institutions, beginning with KPMG (one of the largest accounting firms in Israel and worldwide) and later at the Israel Securities Authority, where he supervised public companies. In these roles, he gained extensive expertise in financial, economic, and taxation matters, working closely with leading figures in Israel’s capital market.
Since 2014, Towafra has also served as a lecturer in the Department of Accounting and Economics at Hadassah Academic College in Jerusalem.
Towafra holds a bachelor’s degree in economics and accounting and a master’s degree in business administration, both with Honors from the Hebrew University of Jerusalem. He is a fellow of both the Maoz leadership program and the Wexner Israel Fellowship, which included executive training at Harvard University.
He resides in Haifa with his wife and their two daughters.