The President of Israel is the head of state and serves primarily a ceremonial role, representing the country at official events and functions. The position was established in 1949, following the founding of the state. The president is elected by the Knesset, Israel's parliament, for a single seven-year term and has limited powers compared to the Prime Minister, who is the head of government. Since its establishment, Israel has had several presidents, each contributing to the nation's development and international relations. Notable figures include Chaim Weizmann, the first president, and Shimon Peres, who served two non-consecutive terms and was influential in peace efforts.