The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.
Yoram Dvash Takes Over at WFDB, Ernie Blom Out
Dvash owns Y. Dvash Diamonds in Ramat Gan and is president of the Israel Diamond Exchange.
Antwerp, Belgium—Israeli diamantaire Yoram Dvash has been elected acting president of the World Federation of Diamond Bourses.
He takes over for Ernie Blom, who is temporarily stepping aside after nearly a decade.
Dvash is owner of manufacturing and trading company Y. Dvash Diamonds Ltd. and is currently serving his second three-year term as president of the Israel Diamond Exchange.
He is also on the WFDB executive committee.
The WFDB said the committee confirmed Dvash’s election at a meeting held via Zoom, after already naming him president designate at a previous meeting.
In the statement announcing his election, Dvash emphasized the diamond industry’s need to stick together during COVID-19, which has “struck so much devastation in human, as well as business, terms across the world.”
He also mentioned the new WFDB online diamond trading platform launched after hundreds of dealers pulled their goods off RapNet in a price-cut protest.
It is called Get Diamonds and is based on the platform of the same name created by the Israeli Diamond Institute. WFDB purchased the platform earlier this month and upgraded it, aiming to make it a direct competitor to RapNet.
“The WFDB is at a very historical moment as we have only recently launched the diamond trading platform Get Diamonds … It is a time when it is absolutely essential for the diamond industry to stand together like never before to ensure the welfare of the entire diamond industry,” Dvash said.
The Rap list remains suspended until May 1.
Blom served as WFDB president for eight years.
His departure comes at a time when he’s involved in a legal dispute with a member bourse, the Dubai Diamond Exchange.
Blom did not respond to National Jeweler’s request for comment on his resignation by deadline but he told JCKOnline the litigation is only part of the reason he’s stepping down. He also feels it is time to move on to “other interests.”
The Latest
Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”
The men are allegedly responsible for stealing millions in jewelry and other valuables in 43 burglaries in 25 towns across Massachusetts.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
Concerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
May’s birthstone is beloved for its rich green hue and its versatility.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.
The brand also created a 100-carat lab-grown diamond necklace in honor of its centennial.
Tim Schlick has been promoted from his previous position as COO.
It’s the second year for the event, slated to take place in October in Toronto.
Supplier Spotlight Sponsored by GIA
“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.
The retailer is moving to a newly designed space in the same shopping center.
Gifts that are unique and thoughtful are top of mind this year, according to the annual survey.
The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
The two organizations will host a joint event, “Converge,” in September 2025.
Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
Jesse Cole, founder of Fans First Entertainment, shared the “five Es” of building a fan base during his AGS Conclave keynote.
The Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
The announcement came as the company reported a 23 percent drop in production in Q1.
The three-time Pro Bowler continues to partner with the retailer, donating to a Detroit nonprofit and giving watches to fans.
A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.