Diamond industry veteran Yoram Dvash was elected acting president of the World Federation of Diamond Bourses (WFDB), replacing Ernie Blom.

Dvash, who’s also president of the Israel Diamond Exchange, called for unity in the global diamond industry towards rebuilding the sector once the threat of Covid-19 has subsided. 

“The diamond industry like all other industries is going through a very difficult time due to the coronavirus pandemic that has struck so much devastation in human, as well as business terms, across the world,” he continued. 

Dvash also underscored developments that are taking place at WFDB, including the launch of diamond trading platform Get Diamonds, which it recently adopted as its official trading channel.

“It is a time when it is absolutely essential for the diamond industry to stand together like never before to ensure the welfare of the entire diamond industry,” he noted. “It is my fervent wish that the entire diamond industry across the world works together unitedly so that we can be prepared for a business life after Covid-19.”