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Appointment

Platinum Guild International announces organizational changes

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Industry Veteran Huw Daniel to retire, Tim Schlick named new CEO

Platinum Guild International, the jewellery industry’s authority on the world’s most precious metal, announced today that its long-time chief executive, Huw Daniel, will retire at the end of March, after twenty one years with the organization. He will be succeeded by Tim Schlick the organization’s current Chief Operating Officer, who will begin his tenure as Chief Executive Officer on April 4, 2024. Having been a valued member of PGI since 2015, when he joined as Chief Strategy Officer, the transition is expected to be seamless.

 

Originally from Wales, Daniel spent a large portion of his career in advertising, working in both Europe and Asia, for notable clients such as British Airways and Proctor & Gamble, prior to joining PGI. His first introduction to the jewellery industry was his tenure with DeBeers in Asia Pacific, where he worked on campaigns for eleven global markets.

 

Having started his tenure in 2003 as president of PGI USA, Daniel rose to the position of CEO in 2015.

 

On becoming CEO, Daniel shared, “It allowed me to leverage all the great people at PGI to build a high performing global team focused on driving innovation and value creation for the jewellery industry with platinum.”

 

When asked how PGI’s role within the industry has changed during his time at the helm, he noted “Our organization has evolved from a marketing/PR/event machine to a business partner with the jewelry industry. Platinum will always be a small part of the industry due to its natural rarity, but it can be a very important driver of differentiation and profitability.  PGI’s focus today is to enable our partners to get the maximum incremental return from this superb material.”  

Benny Oeyen, Executive Head, Market Development, PGMs, for Anglo American, who support Platinum Guild International via dedicated funding, commented “It has been a pleasure to work with Huw over the years and I thank him for his unwavering commitment to developing the demand for platinum jewelry globally.” He continued, “My congratulations to Tim on his new role and I look forward to continuing to work closely together, as our relationship with Platinum Guild is fundamental to building and supporting platinum’s growth in the jewellery sector.”

 

 Schlick’s vision for the future includes building on the strong foundation established by Daniel. He explained, “To me, the next logical step is to apply what we have built over the years to unlock more opportunities for the trade, and by doing so, create incremental value for both our partners and sponsors, scaling the value we create.”

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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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