President, Bangkok Diamond and Precious Stones Exchange
Boonyong Assarasakorn, the president of the Bangkok Diamond and Precious Stones Exchange, serves as CEO of no less than four diamond, coloured stone and jewellery companies: I.G.S. Public Co., Ltd., General Diamond Co., Ltd., Shiang Heng Trading Co., Ltd. and Gemo Outlet Co., Ltd. Mr. Assarasakorn also serves as chairman of the advisory board and the Indian Region Working Committee for the Thai Gem and Jewelry Traders Association, and is an advisor to the Gem and Jewelry Industry Club of the Federation of Thai Industries.
In 1979, Mr. Assarasakorn co-founded the first diamond cutting firm in Thailand. In 1990, he established the Gemopolis Industrial Estate, the first industrial zone in Thailand to specifically serve the diamond, gemstone and jewellery trade. The site was officially designated a free zone in 2008.
Mr. Assarasakorn can also claim credit for the establishment in 1994 of the Bangkok Diamond and Precious Stones Exchange, which became the 17th member of the World Federation of Diamond Bourses.