Current president of the Israel Diamond Exchange Avi Paz has been re-elected for a third consecutive term.
It will be his final term at the helm of the exchange.
Also elected during the Israel Diamond Exchange's biennial elections were Yair Sahar and Ya'akov Karan as vice presidents. The newly elected board members are: Mordechai Fluk, Ya'akov Korn, Shalom Papir, Ben Zion Sasa, Yehezkel Blum, Yehuda Sayag, Amotz Raz, Rafi Yerushalmi, Yehoram Harel Haimoff, Ya'akov Harun Sheli, Yishai Topel, Hagai HaLevi and Yosef Papo.
Paz received 73 percent of the votes and expressed his satisfaction, saying "I am very pleased with the vote of confidence I received today."
Paz continued: "Our industry faces a mulititude of challenges in the coming year and there is a lot of work waiting for the new board and myself. We will all work hard to turn these challenging times into new opportunities."
Paz's re-election as IDE president will allow him to run for re-election as president of the World Federation of Diamond Bourses at the next World Diamond Congress in 2010.
Daniel F Katz Graduate Gemologist ( GIA ) RFC ( Aust. )


