Rapaport Press Release
Highlights Commitment to Social Responsibility
June 11, 2007 - The Rapaport Group presented the first “Rapaport Award” to Eli Izhakoff for his long-time commitment to ensuring industry social and corporate responsibility. As Chairman of the World Diamond Council (WDC), Izhakoff has led efforts to eradicate conflict diamonds and protect the integrity of the diamond industry.

The award was presented during the Rapaport annual state of the diamond industry conference at the JCK Las Vegas show 2007. The Rapaport Award recognizes outstanding individuals and organizations for exemplary service to the diamond industry.

Before assuming his position with the WDC in 200l, Izhakoff served as president of the World Federation of Diamond Bourses for three consecutive terms.

“Eli Izhakoff, has devoted his career to serving the public interest. His efforts to unite the diamond industry in support of the Kimberley Process and assist government implementation of controls that eliminate conflict diamonds is worthy of praise. Our award is made to recognize Eli’s contributions and encourage others to follow in his footsteps,” said Martin Rapaport, Chairman of the Rapaport Group.

The Rapaport Group The Rapaport Group is an international network of companies committed to providing added value services that support the development of free, fair and competitive global diamond markets. Group activities include publishing, internet information and trading networks, rough and polished diamond trading services, international buying, quality-control and compliance services, shipping and financing services and research and marketing services.

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