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Peter Meeus to Leave Dubai Exchange

October 17, 2017  |  Avi Krawitz


RAPAPORT…
Peter Meeus is stepping down from his position as chairman of the Dubai Diamond Exchange (DDE), effective on January 1, the exchange informed the trade Monday. He will be replaced by Ahmed Bin Sulayem, who heads DDE’s parent body the Dubai Multi Commodities Centre (DMCC).

“Dubai is a mature diamond center now with involvement in every aspect of the pipeline,” Meeus told Rapaport News on the sidelines of the Dubai Diamond Conference on Tuesday. “I feel my job is done and it’s time for me to work on other challenges.”

Meeus will also end his tenure as special adviser on diamonds to the government of the United Arab Emirates (UAE), a role he’s held for 12 years and that included his work as DDE chairman. He could not confirm what his next position would be but stressed that he hoped to continue to play a role as the industry undergoes change.

Bin Sulayem will continue as DMCC chairman along with overseeing activity at the DDE.

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