Ownership Committee Stipulates for 12 Members: 10 From Within the Diamond Industry, Two From Outside
Antwerp, Belgium May 14: The World Federation of the Diamond Bourses (WFDB) has announced that the Ownership Committee of Get Diamonds has decided that the Board of Directors of the Get Diamond Subsidiary, to be formed shortly, will comprise of 12 members: five representatives of major bourses, five diamond dealers from various countries and two public representatives who are not diamond dealers.
The names of the members who have been so far appointed are as follows:
Representatives of Major Bourses:
Mr. Yoram Dvash, WFDB, Acting President, ISDE President, Israel Mr. Anoop Mehta, Bharat Diamond Bourse, President, India Mr. Moshe Salem, Diamond Club West Coast, President, LA, USA Mr. Philippe Barsamian, Federation of Belgian Diamond Bourses, President Mr. Reuven Kaufman, Diamond Dealers Club NY, President, NYC, USA
Diamond Dealers from Various Countries
Mr. Ankit Shah – Ankit Gems Pvt. Ltd. – India Mr. Lior Eshed – Eshed Diam Ltd. – Israel Mr. Raj Mehta – Rosy Blue NV – Belgium Mr. Simit Satish Parikh – Sim Gems Ltd. – Hong Kong Mr. Yaron Turgeman – Taly Diamonds LLC – U.S.A
The two public representatives will be chosen by the Board members in the near future.
Yoram Dvash, Acting President of the WFDB said: “We have come some way in formalising the operations of the Get Diamonds platform, but we still have some way to go before it is completely on the track we would like it to be on.
“One of the key tasks facing us in the near future is to open a non-profit subsidiary. I am confident that the company set up “for the industry, by the industry” will work with transparency, fairness and objectivity in managing this extremely significant and crucial platform for the diamond industry.”
ABOUT THE WFDB:
The World Federation of Diamond Bourses has 30 affiliated bourse members and exists to protect the interests of affiliated bourses and their individual members, and also to further the amicable settlement or arbitration of disputes between individual members of the affiliated bourses and/or between affiliated bourses. The WFDB participates in the promotion of world trade and encourages the establishment of new diamond bourses.
Members of affiliated bourses pledge to uphold the traditions, principles of mutual trust, consideration and friendship which prevail among the members of the bourses world-wide. They also pledge themselves to abide by and hand down these principles and to ensure that they will forever serve as a basis in business relations between members of affiliated bourses.
