
The 80-year-old, India-born maestro has conducted the Tel Aviv-based orchestra in thousands of concerts and tours on five continents since his first appearance with the group in 1961, the statement said.
He became the music director in 1977 and was given a lifetime appointment to the position in 1981.
The Vienna-trained Mehta conducted top world orchestras like the Berlin Philharmonic while still in his mid-twenties, and had also been guest conductor at the New York Met and La Scala in Milan.