Shine recognised for her outstanding services to the diamond industry.
Former De Beers Diamond Trading Company (DTC) chief executive, Varda Shine, has been made an honorary member of the London Diamond Bourse in recognition of her services to the diamond industry.
The award, which has only been given a handful of times since the London Diamond Bourse was established 74 years ago, was presented to Shine for her work as one of the major powerbrokers in the international jewellery trade.
Shine commented: “I am both delighted and humbled to receive this honorary membership to the London Diamond Bourse. I am very proud to have been part of the long and rich history of the diamond industry in London and it will be a real pleasure to become a member of such a fine organisation.”
She has 30 years’ experience in the industry, joining De Beers in 1984 and rising to the position of chief executive officer in 2006.
During her tenure as chief executive officer Shine led the business to deliver record sales and profits whilst extending the company’s customer base in India and developing new approaches to working with De Beers’ government partners in Botswana, Namibia, South Africa and Canada.
In addition, Shine was the first woman to be awarded honorary lifetime membership of the Israel Diamond Exchange (IDE) and in 2011 received the Women’s Jewellery Association (WJA) Hall of Fame Lifetime Achievement Award.
She is also a governing Board member of the Diamond Empowerment Fund (DEF), a non-profit international organisation with the mission of raising money to support education initiatives that develop and empower economically disadvantaged people in diamond producing nations.
The London Diamond Bourse’s chief operating officer, Victoria McKay, said: “Varda is a valued member of the diamond community. She brings to everything she does experience, astuteness, an incisive and clear mind, a respect for colleagues and, above all, a belief in innovation within the diamond industry. We are delighted to count her amongst our members”