The voting, which took place over two days earlier this week, featured a diverse representation of numerous categories based on firm sales data.
In a competitive process, board slots were separated into three groups based on sales volume. Ravi Bhansali, Managing Director of Rosy Blue NV, and Isi Mörsel from Dali Diamonds Company won the category for firms with sales of more than 100 million Euros. Meanwhile, Chirag Shah of Yashvi Diamonds and Samit Mehta of Snehdiam were named winners in the category for firms with revenues of less than 30 million Euros. Prakash Patel of Veediam and Hitesh Kakadiya of Sheetal Europe have obtained seats in the 30 to 100 million Euro category.
According to Ravi Bhansali, the election results demonstrate a significant desire for change among the diamond community, as evidenced by the board’s makeup, which is primarily made up of new members from the next generation. “We are assuming responsibility at a critical juncture for the global diamond industry, which is currently facing significant challenges,” Bhansali told reporters.
Rosy Blue NV, expressing delight in their director’s appointment, wrote on Instagram, “We are honored to announce that Ravi Bhansali has been elected as an AWDC Board Member for the next four years. In this post, he will have a significant impact on shaping AWDC policy, thereby contributing to the service and protection of the Antwerp diamond community.”
The election results not only highlight Indian stakeholders’ growing prominence in the global diamond trade, but also indicate a shift toward diversified and forward-thinking leadership within AWDC. As these newly elected members prepare to oversee the future of the Antwerp diamond industry, there is much excitement about the creative tactics and collaborative efforts they will bring to the forefront.