News

Advanced Search

Ex-De Beers Exec Varda Shine Joins Sarine

Mar 28, 2017 5:08 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Former De Beers executive Varda Shine is set to become an independent director at Sarine Technologies, as the company diversifies its board to prepare for expanding its services.

Shine (pictured) was CEO of the Diamond Trading Company – now De Beers Global Sightholder Sales – between 2006 and 2014, during which she oversaw the division’s move from London to Gaborone.

She is currently an independent director of the state-owned Mineral Development Company Botswana, as well as a non-executive director of miner Lonmin.

Her appointment comes as Sarine directors Ehud Harel, Eyal Mashiah and Hanoh Stark have decided to step down from the board. The company plans to recruit another two directors this year besides Shine, according to a statement on Monday.

“As the group focuses its expansion and growth on the downstream polished diamond trade segment of the diamond industry, and in compliance with corporate governance principles, the company’s board has decided to diversify its composition,” Sarine executive chairman Daniel Glinert said in the statement.

Shine’s addition to the board is subject to approval at the group’s annual general meeting in Singapore on April 25.

The company, headquartered in Hod Hasharon, Israel, and listed on the Singapore Exchange Mainboard, supplies mapping equipment and other technology used predominantly in the diamond-manufacturing sector.
Tags: at Sarine Technologies, Daniel Glinert, De Beers, diamond mapping, Diamond Trading Company, Ehud Harel, Eyal Mashiah, Global Sightholder Sales, Hanoh Stark, Hod Hasharon, Israel, Rapaport News, Sarine, Singapore, technology
Similar Articles
Carats.ioCarats.io Partners with Cryptocurrency Bank
Jul 16, 2018
Carats.io has signed a memorandum of understanding (MoU) with cryptocurrency bank Celsius that will enable users
Opsydia 150Laser Firm Addresses Diamond Counterfeiting
May 30, 2018
A University of Oxford spinout has created laser technology that tackles counterfeiting of diamonds by placing a permanent mark
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.