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Second-generation diamantaire Boaz Moldawsky, has recently been elected by the Israel Diamond Institute’s (IDI) board of directors to be chairman for a term of three years following his role as acting chairman. He’d replaced former chairman Shmuel Schnitzer last year. Moldawsky’s previous jobs included a position as deputy president at the Israel Diamond Exchange, becoming chairman of the IDE’s finance committee.

He was also a board member of the Israel Diamond Manufacturers Association, and remains co-CEO of the Moldawsky Group. The latter company works in both the real estate and tech industries as well as diamonds.

In a statement, Moldawsky gave his appreciation, saying “I want to thank the members of the board for putting their trust in me, and I am committed to doing everything in my power to move the Israeli diamond industry forward, to strengthen it, and to further position Israel as a leading world diamond center.”

Last May’s appointee for the managing director of the IDI, Aviel Elia, will be staying in his current position.

Information originally sourced from JCK.