Boaz Moldawsky, who has served as the Acting Chairman of the Israel Diamond Institute (IDI) for the past year, has been elected by IDI’s Board of Directors as its Chairman for a three-year term, the organisation said in a release yesterday.

IDI is a non-profit, public interest company involved in business promotion through marketing initiatives, public relations campaigns, hosting national pavilions at major trade shows, organizing and hosting trade delegations, etc.

A second-generation diamantaire, Boaz Moldawsky’s family were amongst the founders of the Israel diamond industry. He has been active in public service to the industry for many years, serving as Deputy President of the Israel Diamond Exchange, Chairman of the Finance Committee and a member of the board of the Israel Diamond Manufacturers Association. Moldawsky is co-CEO of the Moldawsky Group, which specializes in diamonds, real estate and technology.

Moldawsky said, “I want to thank the members of the Board for putting their trust in me and I am committed to doing everything in my power to move the Israeli diamond industry forward, to strengthen it and to further position Israel as a leading world diamond center.”