After a particularly tense election campaign, last night (Sunday) as part of the second round of elections, it was decided that diamond dealer Boaz Moldavsk, one of the owners of the Molowski Group, and who served as vice president of the Diamond Exchange and chairman of the Diamond Institute, is the elected president of the Israel Diamond Exchange.
Mulewski (54) will replace Yoram Debash, who has served as president of the Diamond Exchange for the past five years.
The election campaign at the Diamond Exchange included two rounds of voting. In a vote held last Thursday (18.2), none of the three presidential candidates: Moldavsky, Shai Schnitzer and Nissim Zoarz – won the required majority (45%). Therefore, another vote was taken, between Schnitzer and Moldavsky – and the latter won 51% of the vote.
Boaz Mulewski said of his election: “Article link https://www.news1.news/news/2021/02/boaz-moldavsky-was-elected-president-of-the-israeli-diamond-exchange.html
The members of the TASE have chosen an experienced and responsible management. It is an honor and privilege for me to lead the TASE in the years to come, especially in a complex and challenging period in the industry. Article link https://www.news1.news/news/2021/02/boaz-moldavsky-was-elected-president-of-the-israeli-diamond-exchange.html
The Diamond Exchange is an important institution for the Israeli economy.
Moldavsky, (married + 3) manages the Moldavsky Group, which was established in 1948, and is one of the oldest companies on the stock exchange specializing in the export of polished diamonds.
The Israeli Diamond Exchange includes 3,200 members of the Exchange. In 2019, exports of polished diamonds totaled about $ 4 billion. Article link https://www.news1.news/news/2021/02/boaz-moldavsky-was-elected-president-of-the-israeli-diamond-exchange.html
The new president will face the challenge of getting out of the corona crisis, at the height of which exports fell by more than 70%. However in recent months there has been a return to growth.
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