Chaim Aharon Valero
Encyclopedia
Haim Aharon Valero (1846–1923) was a Palestinian Jewish bank manager and kollel
Kollel
A kollel is an institute for full-time, advanced study of the Talmud and rabbinic literature. Like a yeshiva, a kollel features shiurim and learning sedarim ; unlike a yeshiva, the student body of a kollel are all married men...

 leader. Born in Jerusalem, he was the son of Jacob Valero
Jacob Valero
Jacob Valero was the founder of the first private bank in Palestine, Jacob Valero & Company.In 1839, Jacob Valero appeared in Jewish communal records as a ritual slaughterer of the Sephardi community in Jerusalem. In 1849, he was described as a "talmid hakham"...

, family patriarch in Ottoman
Ottoman Empire
The Ottoman EmpireIt was usually referred to as the "Ottoman Empire", the "Turkish Empire", the "Ottoman Caliphate" or more commonly "Turkey" by its contemporaries...

 Palestine, who established Jacob Valero & Company, the first private bank in Palestine.

After his brother's death in 1874, Haim Valero became head of the family and general manager of the Valero Bank in Palestine. He was the first non-rabbi
Rabbi
In Judaism, a rabbi is a teacher of Torah. This title derives from the Hebrew word רבי , meaning "My Master" , which is the way a student would address a master of Torah...

 chosen to the Sephardi Kollel leadership. He headed the Jerusalem Sephardi community for twenty five years. He served as a member of the District Council, the mixed court, and the consular courts in Jerusalem.
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