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Israel Diamond Exchange President Creates Presidents' Consultative Council

January 03, 16 by Danielle Max

(IDEX Online News) – Newly elected Israel Diamond Exchange (IDE) president Yoram Dvash has announced the creation of a Presidents' Consultative Council (PCC).

 

The council, which consists of the IDE’s three honorary presidents – Shmuel Schnitzer, Avi Paz and Yair Sahar – the president of the Israel Diamond Manufacturers Association (IsDMA) – Kobi (Jacob) Korn – and the chairman of the Israel Diamond Institute – Moti Ganz – will advise Dvash on current affairs pertaining to the industry.

 

Dvash said he sees it as a prime interest of the members of the exchange that his policies result in across-the-board agreement and will therefore be successfully implemented.

 

"I am aware of the ample experience my predecessors have accumulated during their terms of service and wish to seek their advice and insights for the benefit of my administration and the membership," he said.

 

"In the coming years, our industry will be going through many changes and will be facing a very different landscape in the markets in which we source, manufacture and sell our diamonds. While I am confident that we will continue to develop and grow, it will require different strategies and multi-faceted policies to ensure that the Israel diamond industry and trade adapts, changes and, as a result, will continue to thrive and grow."

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