Yoram Dvash was elected as the new President of the Israel Diamond Exchange (IDE) during elections to the post held on December 16, 2015, the IDE announced in a statement. Dvash, who polled 1080 votes against his single opponent, Arnon Juwal, who got 761 votes, takes over from outgoing President Shmuel Schnitzer, who served a single two-year term.

Dvash is a first generation diamantaire who launched his own diamond manufacturing and trading business, Dvash Diamonds Ltd. in 1991. The company is currently among the top 20 diamond exporting firms in Israel.

A member of the Israel Diamond Manufacturers Association (IsDMA) since the beginning of the century and an IsDMA board member since 2011, Dvash also served a term on the board of the Israel Diamond Institute. He first joined the board of directors of the Israel Diamond Exchange in 2013. He currently serves as Treasurer and also is the Chairman of both the IDE's Industry and Manufacturing Committee and the Marketing and Foreign Affairs Committee. He is the driving force behind the establishment and further development and expansion of the IDE's Centre for Manufacturing and Innovation. He also initiated the "10+ -carat development section" in the technological service area in the bourse trading hall.