Dubai Diamond Exchange Elects Board

RAPAPORT… The Dubai Diamond Exchange (DDE) has elected a new board of directors,
featuring a range of professionals from across the industry, the bourse said
Monday.

New members include Amit Dhamani, CEO of Dhamani Jewels;
Davy Blommaert, the diamond-and-metals chief at the National Bank of Fujairah;
and Gautam Sashittal, CEO of the Dubai Multi Commodities Centre (DMCC). Ahmed
Bin Sulayem will continue to head the board as chairman of the DDE, having
taken over from Peter Meeus earlier this year.

“We welcome the newly [elected] board of directors to the
DDE, who will bring in fresh views and expertise to further boost our key
strategic goals, particularly around rough and polished diamond tenders, to
elevate our diamond marketplace for the benefit of Dubai and the industry
worldwide,” Bin Sulayem said.

The new board members are:

Amit Dhamani, CEO of Dhamani Jewels

Davy Blommaert, unit head for precious metals and diamonds at the
National Bank of Fujairah

Gautam Sashittal, CEO of the DMCC

Maryam Al Hashemi, director of the United Arab Emirates
Kimberley Process office

Mike Aggett, general manager of Trans Atlantic Gem Sales

Rihen Mehta, chairman of 7Cs Group

Sanjeev Dutta, executive director of commodities for the DMCC