The Israel Diamond Institute (IDI) has elected Arnon Juwal (pictured) as chairman for a three-year term.
The IDI is a nonprofit group that works to advance the interest of the Israeli diamond industry.
Juwal replaces Yoram Dvash, who resigned from the position last week. Dvash also serves as president of the World Federation of Diamond Bourses.
A second-generation diamantaire, Juwal is a partner in S. Juwal & Co., which was founded over 40 years ago by his father.
In 2007, he was first elected to the board of directors of the Diamond Exchange Enterprises, the economic arm of the Israel Diamond Exchange. He continues to serve as a member of its board and chairs its insurance and taxation committees. He’s also served as vice president of the Israel Diamond Exchange, and has chaired its rough diamond committee.
Juwal said in a statement, “We are emerging from a very difficult time, and although the Israeli diamond industry has rebounded, there are still many issues that we must deal with.… I look forward to leading the institute in these crucial times.”
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