Dubai Di­a­mond Ex­change Elects New Board

Solitaire - - SPECTRUM -

Dubai Di­a­mond Ex­change (DDE), a Dubai Multi Com­modi­ties Cen­tre (DMCC) plat­form, and the only bourse in the Mid­dle East af­fil­i­ated with the World Fed­er­a­tion of Di­a­mond Bourses (WFDB), has elected its new Board of Di­rec­tors with DDE chair­man, Ahmed Bin Su­layem, at the helm.

“The Dubai Di­a­mond Ex­change has rapidly grown to a fo­cal point for the global di­a­mond trade with over 1,000 mem­bers and monthly ten­ders fur­ther con­nect­ing pro­duc­ers and buy­ers fu­elling fur­ther growth. We wel­come the newly elected Board of Di­rec­tors to the DDE who will bring in fresh views and ex­per­tise to fur­ther boost our key strate­gic goals, par­tic­u­larly around rough and pol­ished di­a­mond ten­ders, to el­e­vate our di­a­mond mar­ket­place for the ben­e­fit of Dubai and the in­dus­try world­wide,” said Ahmed Bin Su­layem, ex­ec­u­tive chair­man, DMCC and DDE chair­man.

The newly elected DDE Board of Di­rec­tors in­cludes chair­man Ahmed Bin Su­layem, ex­ec­u­tive chair­man, DMCC, and di­rec­tors Amit Dhamani, CEO and MD, Dhamani Jew­els, Davy Blom­maert, unit head, Pre­cious Met­als & Di­a­monds, Na­tional Bank of Fu­jairah, Gau­tam Sashit­tal, CEO, DMCC, Maryam Al Hashemi, di­rec­tor of the UAE Kim­ber­ley Process Of­fice, Mike Aggett, gen­eral man­ager, TAGS, Ri­hen Me­hta, chair­man, 7 Cs Group, and San­jeev Dutta, ex­ec­u­tive di­rec­tor – Com­modi­ties, DMCC.

“The Dubai Di­a­mond Ex­change sits at the heart of the re­gion’s di­a­mond trade and of­fers a sig­nif­i­cant con­tri­bu­tion to the United Arab Emi­rates’ na­tional eco­nomic di­ver­si­fi­ca­tion strat­egy. There are many fac­tors driv­ing the suc­cess of the Ex­change but none more so than its abil­ity to lis­ten to the needs of the mar­ket and adapt ac­cord­ingly. The an­nounce­ment is tes­ta­ment to that, and the DDE Board of Di­rec­tors is all set to drive con­tin­ued growth of the Ex­change and de­liver world-class ser­vices for all its mem­bers and af­fil­i­ates,” said Gau­tam Sashit­tal. “DMCC is all about cre­at­ing and grow­ing mar­ket­places for com­modi­ties trade which in turn has en­abled Dubai to se­cure its po­si­tion as one of the world’s lead­ing phys­i­cal gold mar­kets, and one of the top three hubs for the di­a­mond trade. That is why we con­tinue to in­no­vate, and push bound­aries for mar­ket par­tic­i­pants re­gion­ally and in­ter­na­tion­ally,” Bin Su­layem con­cluded.

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