Harry Levy Appointed President of London Diamond BourseMay 03, 11
Following Hager’s death, the LDB board, the Council of Management, had been reformed. In addition to the appointment a new president and vice president, the LDB's new council also includes Treasurer David Joffe and Executive Officer Cyril Ruttenberg.
Members of the Council of Management are Anita Bruce, Paul Koppelman, Lewis Malka, Wolf Rabstein, Daniel Seller and, David Weinberg.
Levy, who had served several terms as vice president in the past, said he was sad but honored to replace Hager until the next elections at the bourse. New elections for the LDB's Council of Management are to take place in the spring of 2012.
"Freddy was first of all a friend, and losing a good friend is very difficult," Levy stated. “The council and I will do our best to uphold Freddy's high standards.”
World Federation of Diamond Bourses (WFDB) President Avi Paz welcomed the LDB appointment, wishing Harry Levy well in his new position. "Harry also succeeds Freddy on the WFDB's Executive Committee and we wish him best of luck in his new responsibilities," Paz said.