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.
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.”
Appointment
Charlotte Rose Becomes First Woman President in London Diamond Bourse History
Historic Appointment Marks A Significant Milestone For Gender Representation In The Global Diamond Industry
The London Diamond Bourse (LDB) has elected Charlotte Rose as its new President, making her the first woman in the organisation’s 86-year history to hold the position. She is also believed to be the first female President of any diamond bourse worldwide, marking a landmark moment for the international diamond trade.
The announcement followed the LDB Annual General Meeting (AGM) held on 25 June 2026, where members voted in a new Council of Management.
Rose succeeds David Troostwyk, who served as President for two and a half years and will continue as Vice President. Wolf Rabstein has been appointed Treasurer, while Paul Koppelman has been re-elected as Executive Officer.
Reflecting on her appointment, Rose said:
“I am honoured that the Council of Management has entrusted me with the role of President. The London Diamond Bourse has been trading since 1940, and I am the first woman to lead it. I hope that one day such a fact will be unremarkable. For now, I see it as evidence that this industry is capable of change and that our members are ready to embrace it.”
The newly elected Council includes Lewis Malka, Howard Levine, Kathy Chappell, Anna Rogers, and Shadi Jin-Ziabee, alongside the office bearers.
Founded in 1940, the London Diamond Bourse serves as the United Kingdom’s principal diamond trading hub and is a member of the World Federation of Diamond Bourses. The organisation provides a secure, transparent, and regulated marketplace for the trading of diamonds and other precious gemstones.
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