RAPAPORT... The Panama Diamond Exchange (PDE)
has elected Mahesh C. Khemlani as its next president, replacing longstanding chief Erez Akerman.
Khemlani, a former vice minister of
finance for the Central American state, joins the bourse from Panamanian private
investment firm Grupo VerdeAzul, the exchange said in a
statement.
The bourse also said Ali Pastorini, director of
marketing of the World Jewelry Hub, the trading center opened in Panama earlier
this year,
would become senior vice president of the PDE.
PDE founding chairman Eli
Izhakoff said the bourse was “truly fortunate to have an individual of the
caliber of Mahesh, with his wealth of experience, knowledge, insight, ability
and acumen, leading the Panama Diamond Exchange to the next level and beyond.”
Akerman, who is stepping down at the end of October,
is set to become managing director of the World Jewelry Hub, the PDE announced
in September. He had been president since the bourse’s founding in 2008.
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