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Appointment

IGI appoints  Anoop Mehta as Chairman and Independent Director

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The International Gemological Institute (IGI) has appointed Anoop Mehta as Chairman and Independent Director of its Board. His term began on 6 June 2025, pending shareholder approval, according to media sources.

Anoop Mehta Mehta brings over 50 years of experience to the role, having played a central part in the development of India’s gem and jewellery sector. He currently leads Mohit Diamonds Pvt Ltd. as Chairman and Managing Director and serves as President of the Bharat Diamond Bourse (BDB). His involvement with key organisations such as the Gem & Jewellery Export Promotion Council (GJEPC), where he serves as Member, Diamond Panel, and the World Federation of Diamond Bourses (WFDB) has made him a respected voice in the international diamond trade.

Commenting on his new role, Anoop Mehta stated, “IGI has long been a pillar of trust and expertise in gem certification. I look forward to contributing to its legacy of excellence and supporting its growth ambitions, especially in an era where consumer confidence and authenticity are paramount.”

Notably, Mehta was instrumental in the creation of the Bharat Diamond Bourse, which opened in 2010 and is now one of the world’s leading diamond trading hubs. His contributions to the trade have been recognised through several Lifetime Achievement Awards, including from GJEPC.

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Appointment

Mehul Shah Elected President World Federation Of Diamond Bourses (WFDB)

Bharat Diamond Bourse Leader Takes The Helm Of The Global Diamond Federation, Marking A Significant Milestone For India’s Natural Diamond Industry.

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Mehul Shah, Vice President of Bharat Diamond Bourse (BDB), has been elected President of the World Federation of Diamond Bourses (WFDB). The election took place on Monday, July 12, during the ongoing World Diamond Congress which is currently underway in Singapore. Leaders of the 20 global diamond bourses attending the Congress voted to elect the new office bearers.

Luigi Cosma, President of Borsa Diamanti d’Italia, was elected Vice President of WFDB and Molefi Letsiki, Chairman of the Diamond Dealers Club of South Africa, was elected Treasurer General of WFDB. They have supported his vision for the Federation.

The election of Mehul Shah is an important milestone for the Indian diamond industry and opens a new chapter for the country to play a key role in taking the global diamond industry forward.

Thanking the delegates and Presidents of global diamond bourses, Mehul Shah said:

“I am humbled by this appointment and proud to have represented India and Bharat Diamond Bourse on an international stage. This new responsibility given to me is rooted in my journey of four decades of commitment to the natural diamond industry. He also added, “As the delegates to the Congress deliberate over the way forward in a challenging global market, I am confident that the discussions in Singapore will lead to meaningful outcomes. The new leadership team at WFDB is committed to taking forward the vision of the Congress and building a stronger future for the industry.”

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