On Oct. 9, Israel Diamond Exchange members elected Shmuel Schnitzer president of the Ramat Gan-based bourse.
Schnitzer previously served in the post from 1998 to 2004. He also has been named an honorary president of the exchange.
He replaces Yair Sahar, owner of Sahar-Atid, who completed one two-year term.
Schnitzer received 57 percent of the votes to Sahar’s 41 percent.