Destino named GIA chairman, announces several new initiatives

Ralph Destino, former chairman and president of Cartier, Inc., has been appointed chairman of the Gemological Institute of America, a newly created position. The position is effective immediately. Destino will have full responsibility for overseeing the operations and policies of the organization. GIA president William E. Boyajian will report to Destino.

“I am honored to take on this active management role and pledge to work tirelessly with the Board of Governors, as well as partnering closely with Bill Boyajian, to instill a new culture at GIA,” Destino said in a GIA statement issued Monday.

Consistent with this objective, Destino and the Board of Governors said that:

* GIA will no longer accept donations from diamantaires;

* The GIA Laboratory will discontinue its current “membership” structure;

* The GIA Laboratory will shortly announce a new single price policy for all diamantaire clients, worldwide;

* Following GIA’s recent independent investigation, the names of diamond dealers who may have violated GIA’s Code of Ethics have been turned over to law enforcement officials. GIA notified these dealers that it will no longer accept diamonds from them for grading. 

GIA previously GIA’s named Linda Scholl, as the new GIA Lab Compliance Officer.  Scholl will oversee the enforcement of GIA’s compliance policies for the laboratory.