Antwerp Split Over De Beers

The Diamond High Council, Antwerp, Belgium—the promotional group best known by the Flemish initials HRD—is in crisis, forced to undergo a major restructuring after board members split over the group’s policy toward De Beers. According to informed sources and press accounts, the turmoil began in late January when managing director Peter Meeus resigned after more than six years at the top of the organization. His position is now being filled by a trio of HRD veterans. HRD watchers said he grew frustrated over his inability to get what he wanted done, including opening HRD lab satellite offices in Mumbai, India, and New York. Meeus’s departure seemed to lay bare open wounds that had been festering for some time. This was demonstrated during the board elections shortly afterward, which dramatically displayed the anti–De Beers feeling among the rank and file of HRD member groups

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