Connect with us


Fura Gems CEO Stepping Down

The Board of Directors will oversee operations until a new CEO is appointed.




DUBAI — FURA Gems Inc., a miner of colored gemstones, has announced a transition in its executive leadership.

The company’s current CEO, Dev Shetty, is stepping down to pursue other opportunities, according to a press release.

The board of directors will assume the role of the primary decision-making body until a new CEO is announced.

More from the release:

Management and Leadership Team

FURA Gems has designated the current senior leadership team to manage the company’s day-to-day operations in close collaboration with the Board. This team comprises the company’s existing management team, who have been instrumental in driving the company’s success and are well-positioned to ensure operational continuity and uphold FURA’s commitment to excellence.

FURA Gems is committed to achieving a seamless transition, maintaining its focus on sustainable practices, innovation and delivering exceptional value to its partners, customers, and stakeholders.

Strategic direction of FURA Gems

The company is poised for substantial growth, driven by the increasing global demand for sustainably sourced coloured gemstones. As consumers and industries alike place a higher value on ethical and environmentally friendly practices, FURA Gems is uniquely positioned to meet these demands through its innovative mining processes and steadfast dedication to sustainability.

Legacy of Excellence and Partnership

Since its inception, FURA Gems has played a pivotal role in structuring a reliable sourced and traceable supply of high-quality gemstones to the market. The company has forged strong partnerships with industry leaders, ensuring a steady flow of gemstones that meet the highest standards of quality and ethical sourcing. These efforts have not only solidified FURA’s position in the market but have also set new benchmarks for sustainability and transparency in the gemstone industry.

Commitment to Sustainable Growth

“The restructuring of our leadership team is a next step in driving forward our strategy, building on the progress made to create a world class business which meets the evolving demands of the gemstone market,” said Mr. Gaurav Gupta, director, FURA Gems Board and director of FURA’s majority shareholder.” The Board of Directors extends its gratitude to Dev Shetty for his contribution to FURA Gems. Under his leadership, the company has laid a solid foundation for growth and innovation. Looking forward, we are confident in our ability to execute our long-term strategy and continue FURA Gems’ commitment to sustainability and excellence in the gemstone industry. The board is fully supporting the current management team of FURA Gems and is totally aligned on the strategic steps needed to continue the journey of FURA Gems, we will operate in conjunction to achieve the ambitious objectives set for the years to come”.

Looking Ahead

As FURA Gems embarks on this new chapter, it confirms its strong commitment to providing the finest sustainably mined gemstones to the global market.


Most Popular