London Diamond Bourse welcomes millennial to its board in restructure

The London Diamond Bourse has unveiled extensive changes to the composition of its council of management, including the addition of a millennial board member.

By restructuring its leadership team, the average age of the Bourse’s board has lowered dramatically, and now represents its membership statistics.

The board has now welcomed ethical gemstone supplier, Katherine Chappell; managing director of Silverton Diamonds, Charles Silverton; and Salotro director, David Troostwyk.

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Chappell has worked in the gemstone business for over 20 years and she is the Bourse’s special advisor for ethical issue.

Silverton has worked in his long-established family wholesale jewellery business for almost 10 years and has specialised in the sorting and grading of polished diamonds in all shapes and sizes, and Troostwyk established the first online electronic diamond exchange in Antwerp. After returning to the UK in 2011 to start a diamond trading company, he joined the London Diamond Bourse and the WFDB’s Young Diamantaires Group.

Chief operating officers, Victoria McKay comments: “These are the most fundamental changes to LDB’s governance in my six years at LDB,” said COO, Victoria McKay. “The following changes are notable; Kathy Chappell, our special advisor for ethical issues has been welcomed to a full board position and our youngest board member is a millennial.”

The Bourse also announced Alan Cohen as its new president last week, and can now confirm Daniel Seller has accepted the position of vice president. Having previously served as executive officer of the board, the role will now be taken over by Trevor Sigsworth.

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