Press Releases

Diamond Producers Association Announces New Member

Murowa Diamonds operates the Murowa mine in Zimbabwe.

Published

5 years ago

September 13, 2018

INSTORE Staff

(PRESS RELEASE) NEW YORK – The Diamond Producers Association (DPA) has announced that RZ Murowa Holdings Ltd., majority owner and operator of Murowa Diamonds Private Ltd. (“Murowa Diamonds”), has joined the DPA, effective 1 July.

Murowa Diamonds operates the Murowa mine in Zimbabwe, which was purchased from Rio Tinto in 2015 and expanded significantly under its new leadership. Manit M. Shah, Chief Operating Officer of Murowa Diamonds, will join the Board of Directors of the DPA in September 2018. Mr. Shah has considerable experience driving business performance and managing international operations.

Jean-Marc Lieberherr, CEO of the DPA, said “We are delighted to welcome RZ Murowa to the DPA and Manit to our Board of Directors. The DPA will continue to play a vitally important role in the future of the diamond industry and broadening our representation and geographic reach will help ensure we maximise the positive impact we can have for the sector as a whole. We look forward to working closely with Manit and his colleagues at RZ Murowa”.

Manit M. Shah, Chief Operating Officer at Murowa Diamonds, said, “Joining the DPA is an important milestone in the life of RZ Murowa Holdings Ltd. and a recognition of the work we are doing to operate our assets responsibly and sustainably. I am very pleased to join such a distinguished Board of Directors and will do my best to contribute to the essential work the DPA is doing for our industry.”

Manit has considerable experience driving business performance and managing international operations. He started his career in Auditing, Corporate Finance, Operations and then moved to his true love: Turn-around Management. He has led successful turnarounds in companies across diverse industries and has lived and worked in four continents.

He earned his Master’s in Finance and attended LMBS and the London School of Economics.

He is a member of the Institute of Chartered Accounts in India (ICAI) and the ISACA in the USA.

Manit is also an alumnus of the Harvard Business School.

Related Topics: Diamond Producers Association

click to Comment(Comment)

Up Next

Firestar Diamond Bankruptcy Trustee Announces Auction of Inventory and Intellectual Property

Don't Miss

CPAA Extends Deadline for Entries to 9th Annual International Pearl Design Competition

Time to Do What You've Always Wanted? Time to Call Wilkerson.

It was time. Teri Allen and her brother, Nick Pavlich, Jr., had been at the helm of Dearborn Jewelers of Plymouth in Plymouth, Mich., for decades. Their father, Nick Pavlich, Sr., had founded the store in 1950, but after so many wonderful years helping families around Michigan celebrate their most important moments, it was time to get some “moments” of their own. Teri says Wilkerson was the logical choice to run their retirement sale. “They’re the only company that specializes in closing jewelry stores,” she says. During the sale, Teri says a highlight was seeing so many generations of customers who wanted to buy “that one last piece of jewelry from us.” Would she recommend Wilkerson? Absolutely. “There is no way that I would have been able to do this by myself.”