By Brecken Branstrator
Anthony Capuano

Warwick, R.I.--The Jewelers Board of Trade announced Wednesday that its board of directors has appointed financial executive Anthony Capuano as its new president.

He will take over for Dione Kenyon, who announced her retirement from the JBT in August. Kenyon officially will leave the organization this spring after assisting in the transition.

Capuano brings more than 35 years of experience in credit and lending to the JBT, a large part of which was dedicated to the diamond, jewelry and precious metals industries.

He joins JBT from HSBC Bank, N.A., which is a major lender to the industry.

During his eight years with HSBC, he held the titles of vice president and senior relationship manager, overseeing the management and business development of the bank’s diamond and jewelry portfolio in the New York market.

Prior to that, he held similar positions at Scotia Mocatta and Bank of America.

In addition to his finance experience, Capuano served on the JBT board of directors for more than 15 years. He also has been involved in the industry through a membership with the International Precious Metals Institute and serves on boards in his local community in Rhode Island.

The announcement of Capuano as president of JBT comes a week after the organization announced the results of its annual elections.

Todd Wolleman of Leo Wolleman Inc. in New York was elected to a one-year term as chairman of the JBT board. Wolleman chaired the search process to select the organization’s new president.

“We are delighted that our search process identified Anthony as our new leader,” Wolleman said. “He will be a strong asset to JBT in continuing its vital mission of promoting the welfare of the diamond and jewelry industry. We all look forward to working with Anthony to ensure we sustain and advance JBT’s mission far into the future.”

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