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Shmuel Schnitzer Elected Chairman of Israel Diamond Institute

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(Press Release)
ANTWERP BELGIUM – Shmuel Schnitzer has been elected the new chairman of the Israel Diamond Institute (IDI).

Afterwards, WFDB President Ernie Blom said it is critical in challenging times for the diamond industry’s major global organizations to be led by experienced industry figures.

“I would like to congratulate Shmuel not only on his election, but also for his willingness to continue to provide his vast knowledge and experience of our industry for the benefit of the trade,” says Blom. “Shmuel has only just finished his fourth term overall as president of the Israel Diamond Exchange and has also served as WFDB president.”

Blom added: “He is now serving as the chairman of the WFDB’s Trade and Business Committee, and his knowledge of the issues is invaluable. It is not always easy to find the time to serve the industry, but Shmuel has the concept of public service built into him and has always been willing to help the Israeli and global diamond trade.

“It is all the more important for diamond industry figures like Shmuel to continue to play a role as head of a trade body due to the challenging conditions facing the diamond business. There is no shortage of issues facing us, and having input from experienced leaders is critical in enabling us to take our industry forward and to find solutions. I look forward to being able to call on Shmuel’s assistance in the coming years, and I applaud him for taking on another big industry challenge. The Israeli diamond industry will benefit hugely from having him as head of the IDI.”

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