Appointment
Pritesh Patel appointed as President and CEO of GIA

The Gemological Institute of America (GIA) has announced the appointment of Pritesh Patel as its next President and Chief Executive Officer, effective August 4, 2025. Patel, who currently serves as GIA’s Chief Operating Officer, will take over the role from Susan M. Jacques, who will retire at the end of this year after more than a decade in the leadership position
The announcement follows a global search by GIA’s Board of Governors and marks a significant leadership transition at the nearly century-old institution. Patel becomes one of the few leaders to rise through the institute’s ranks, having joined GIA in 2015 as Chief Information Officer before being promoted to COO in 2017.
In his new role, Patel will lead GIA’s global operations, which span education, laboratory services, research, and instrument development. Outgoing CEO Susan Jacques, who has been with GIA in various leadership capacities for over 30 years, will continue as a strategic advisor until her formal retirement in December 2025. During her tenure, Jacques oversaw GIA’s navigation through major industry and global shifts — including the rise of lab-grown diamonds, the COVID-19 pandemic, and evolving consumer expectations — all while reinforcing the institute’s core mission of protecting public trust in gems and jewellery.
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.”
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