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World Gold Council appoints Sachin Jain as new India CEO

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The World Gold Council announced that it has appointed Sachin Jain as its new CEO, India, who will take up the role from March 2024.

Sachin joins from De Beers where he has held several senior roles for the past 13 years. As Managing Director of DeBeers India, he has led the De Beers Forevermark business in India and the Middle East. Sachin brings with him deep understanding of the Indian consumer and jewellery market, from strategic thinking to practical execution.

David Tait, Global CEO, World Gold Council said:“I am delighted that Sachin is joining us at an important time for the Indian gold market. Sachin’s experience in the retail market, and jewellery industry is crucial to our efforts to enhance consumer’s trust in gold and in the Indian gold industry. In addition, his marketing expertise will help deepen our engagement not only with the gold industry but also with financial institutions and raise awareness of gold’s role in every investment portfolio. Sachin brings energy, enthusiasm, and a deep understanding of consumer behaviour, and I look forward to working with him to help more consumers realise the potential of gold in all its forms.”

Sachin Jain said: “It is a privilege to be entrusted with leading World Gold Council’s activities in India, given its pivotal role in shaping the gold industry. I am deeply impressed by the organisation’s commitment to sustainability, responsible practices, and positive contributions to the global gold sector. My vision for gold industry in India is rooted in a dedication to fostering sustainable practices and driving positive change. I am looking forward to strengthening World Gold Council’s engagement with various stakeholders, promoting responsible practices, harnessing gold’s growing appeal as an investment asset, and enhancing its role in economic growth of India.”

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Appoinment

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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