Appointment
Paul De Wachter Appointed as CEO of HRD Antwerp
The Board of Directors of HRD Antwerp, a subsidiary of the Antwerp World Diamond Centre (AWDC), has appointed Paul De Wachter as its new CEO. Bringing over twenty years of experience and a proven track record in the international diamond industry, De Wachter is to take charge as CEO from January 5, 2026. As CEO, he is tasked with strengthening HRD’s position as a reliable partner for the international diamond trade and leading the organisation through a period of significant transformation.
De Wachter began his career in the diamond sector in 2002 and rose to the position of Senior Relationship Manager at the Antwerp Diamond Bank. After a brief period at Channel Capital Advisors in a similar role, he joined the National Bank of Fujairah (NBF), where he has been active for more than seven years. He started there as He ad of the Antwerp Representative Office, focusing on building a strong local client portfolio. Since 2020, he has served as Head of the Diamond Unit, where he expanded the bank’s brand and significantly strengthened its market position.

“With his extensive experience in the international diamond industry, his strong and relevant network, and the concrete results he has achieved as Head of the Diamond Unit at NBF, Paul convinced the Board that he is the right person to lead HRD Antwerp into the future,” says Bart De Hantsetters, on behalf of the Board of Directors.
“I am very much looking forward to taking on this new challenge at HRD Antwerp, especially at a time when the international diamond industry is facing major challenges — from shifting consumer expectations to the emergence of lab-grown diamonds. I am honoured by the trust the Board of Directors of HRD Antwerp has placed in me and am deeply committed to strengthening HRD’s role as a trusted partner to the industry,” says Paul De Wachter.

HRD Antwerp is Europe’s leading authority in diamond grading, jewellery grading, and education. HRD Antwerp draws upon 575 years of experience passed down through Antwerp’s diamond trade and strive for perfection by delivering the highest quality in all our products and services. In 2012, HRD Antwerp opened a diamond grading laboratory in Mumbai to serve local and international demand for diamond certification. This marked the company’s entry into India’s certification landscape. By 2018, HRD Antwerp expanded to offer Jewellery Certification in India, reflecting a broader certification portfolio beyond diamonds alone. HRD India, maintains its headquarters in Mumbai’s Bandra Kurla Complex (BKC) with a dedicated diamond grading lab. The organization extends its jewellery grading labs and drop-off points for diamonds to key diamond & jewellery hubs including Mumbai’s Mega CFC in SEEPZ, Surat, Delhi, Jaipur, Kolkata,and Hyderabad.
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.”
-
International News17 hours agoTiffany & Co. Makes a Landmark Statement in Bangkok with First-Ever Thailand Building Wrap
-
National News21 hours agoCelebrate Raksha Bandhan With Timeless Keepsakes From Candere By Kalyan
-
National News22 hours agoFour Months. Eleven Stores. Keemti’s Rapid Rise Signals Bold Retail Ambitions, Eyes 88 Stores By Year-End
-
International News14 hours agoMark Raksha Bandhan With The Art Of Gifting By Lotus Arts De Vivre

