The Dubai Diamond Exchange (DDE) has elected a new Board of Directors which will be led by Chairman Ahmed Bin Sulayem, who is also the Executive Chairman of the DMCC. The DDE, the only bourse in the Middle East affiliated with the World Federation of Diamond Bourses (WFDB), is a platform of the DMCC.

Welcoming the new team, Ahmed Bin Sulayem said that they will “bring in fresh views and expertise to further boost our key strategic goals, particularly around rough and polished diamond tenders, to elevate our diamond marketplace for the benefit of Dubai and the industry world-wide”.

The DDE, which today has over 1,000 members, is an important focal point for the global diamond trade. It conducts regular tenders that connect producers and buyers, fuelling further growth, and constantly innovates, and pushes boundaries for market participants regionally and internationally, leading to Dubai emerging as one of the top three hubs of the global diamond market.

The newly elected Board comprises:

Chairman

Ahmed Bin Sulayem, Executive Chairman, DMCC

Directors

Amit Dhamani, CEO and Managing Director, Dhamani Jewels

Davy Blommaert, Unit Head Precious Metals & Diamonds, National Bank of Fujairah Gautam Sashittal, CEO, DMCCMaryam Al Hashemi, Director of the UAE Kimberley Process Office

Mike Aggett, General Manager, TAGS                                              
Rihen Mehta, Chairman, 7 Cs Group                                     
Sanjeev Dutta, Executive Director – Commodities, DMCC

DMCC CEO Sashittal said, “The Dubai Diamond Exchange sits at the heart of the region’s diamond trade and offers a significant contribution to the United Arab Emirate’s national economic diversification strategy. There are many factors driving the success of the Exchange but none more so than its ability to listen to the needs of the market and adapt accordingly.”

Pic caption: The new DDE Board
Pic courtesy: DMCC