Members of the Antwerp diamond sector elected six new members to the Board of Directors of the Antwerp World Diamond Centre (AWDC) this week.

The Antwerp World Diamond Centre is the umbrella body that represents and serves the interests of the Antwerp diamond industry and trade.

According to a AWDC statements, the organization's constitution requires six of the organization’s 12-person Board of Directors to be elected by direct election, which is managed in such a way as to ensure that smaller, medium-sized, and larger diamond companies are all represented.

Three directors are appointed by the federation representing the city’s four diamond exchanges, one director is appointed by Antwerp’s diamond manufacturing associations, and one director is appointed by the employee organizations. The 12th position, an independent director, is appointed by the new board itself.



The results saw Amit Bhansali and Nishit Parkh elected as directors in the more than €100 million annual turnover category; Sohil Jhaveri and Nishit Kothari were selected as directors in the €30 million to €100 million annual turnover category; and Mihir Mehta and Samir Mehta were selected as directors in the lower than €30 million annual turnover category.



Already selected to the new board are Philippe Barsamian, Freddy Inzlicht and Jacky Korn, representing the diamond exchanges; and St?phane Fischler, representing the diamond manufacturers. The employees' organizations will select their representative to the Board of Directors shortly.



The new Board of Directors will elect from among its members a new president for AWDC. The board will bid farewell to outgoing AWDC President Jacky Roth who will be retiring after four years in office.