Yo­ram Dvash Elected Is­rael Di­a­mond Ex­change Pres­i­dent

Solitaire - - SPECTRUM -

Yo­ram Dvash was elected as the new pres­i­dent of the Is­rael Di­a­mond Ex­change (IDE) re­plac­ing in­cum­bent pres­i­dent Shmuel Sch­nitzer, who served a sin­gle two-year term. In the elec­tions of the IDE pres­i­dency and board of di­rec­tors, Dvash won with 1,080 votes, against his op­po­nent, Arnon Juwal, who drew 761 votes.

A first-gen­er­a­tion dia­man­taire, Dvash launched his own di­a­mond man­u­fac­tur­ing and trad­ing busi­ness in 1991, Dvash Di­a­monds Ltd., which spe­cialises in man­u­fac­tur­ing larger stones, squares and rounds, in sizes up to 5 carats. Dvash has been a mem­ber of the Is­rael Di­a­mond Man­u­fac­tur­ers As­so­ci­a­tion (IsDMA) since 2000 and an IsDMA board mem­ber since 2011. He also served a term on the board of the Is­rael Di­a­mond In­sti­tute.

Dvash first joined the board of di­rec­tors of the Is­rael Di­a­mond Ex­change in 2013. He cur­rently serves as trea­surer and also the chair­man of both the IDE’s In­dus­try and Man­u­fac­tur­ing Com­mit­tee and the Mar­ket­ing and For­eign Affairs Com­mit­tee. He is the driv­ing force be­hind the es­tab­lish­ment and fur­ther de­vel­op­ment and ex­pan­sion of the IDE’s Cen­tre for Man­u­fac­tur­ing and In­no­va­tion which was es­tab­lished to guar­an­tee that di­a­mond cut­ting and man­u­fac­tur­ing will not only re­main in Is­rael but will also in­crease and make a de­ci­sive con­tri­bu­tion to the di­ver­sity and growth of the Is­rael di­a­mond sec­tor.

He also ini­ti­ated the “10+ carat de­vel­op­ment sec­tion” in the tech­no­log­i­cal ser­vice area in the bourse trad­ing hall to as­sure that th­ese stones will be man­u­fac­tured in Is­rael. Dvash was con­grat­u­lated by out­go­ing pres­i­dent Shmuel Sch­nitzer upon his elec­tion.

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