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Appointment

Rahul Desai Appointed as Honorary Education Director of the Lab-Grown Diamond & Jewellery Promotion Council (LGDJPC)

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The Lab-Grown Diamond & Jewellery Promotion Council (LGDJPC) has appointed Mr. Rahul Desai, Managing Director and CEO of the International Institute of Gemology (IIG), as its Honorary Education Director. The appointment marks a significant step towards strengthening education, transparency, and knowledge-sharing within the rapidly evolving diamond landscape.

As one of India’s foremost voices in gem and jewellery education, Rahul Desai has long championed the idea that learning should not merely follow industry change, it should lead it. In his new honorary role, he will work closely with the Council to design and guide educational frameworks that enhance understanding of lab-grown diamonds (LGDs) through research, skill-building, and open dialogue.

The Lab-Grown Diamond & Jewellery Promotion Council, a not-for-profit organization, represents the interests of growers and traders in the lab-grown diamond ecosystem. However, its broader vision extends beyond advocacy, it aims to promote informed coexistence and consumer trust across the diamond industry.

“Education brings neutrality, and neutrality builds trust,” said Rahul Desai, reflecting on his appointment. “My goal in this role is to create more informed, transparent, and skill-oriented discussions around lab-grown diamonds, where knowledge, and not perception, drives understanding. The focus will remain on building clarity across the value chain, so every stakeholder can engage with confidence, respect, and well-defined product knowledge. Education should not take sides; it should illuminate them.”

Under his leadership, the educational initiatives of the Council will aim to create a more transparent dialogue between all stakeholders: manufacturers, retailers, and educators, focusing on defining standards, improving product knowledge, and nurturing next-generation talent.

Commenting on the appointment, Shashikant D. Shah, Chairman of the LGDJPC, said, Rahul Desai represents the best of both worlds, deep academic insight and real-world industry understanding. His appointment reflects our commitment towards elevating the discourse around lab-grown diamonds through credible, unbiased education. We believe his leadership will help create a more informed and confident ecosystem, where both natural and lab-grown segments can grow with respect and understanding.

This collaboration between LGDJPC and IIG is based on a shared belief: that education is the foundation on which innovation, ethics, and growth in the diamond industry must stand.

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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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