Exec to stay in industry as consultant after 12 years with association

National Association of Goldsmiths (NAG) chief executive Michael Hoare will step down from his role in April.

Hoare has been in the top role at the NAG for 12 years and intends to stay within the jewellery industry in a consultancy role and “will continue to support the mission and principles of an ethical jewellery supply chain”.


He has described his departure from the NAG as “an entirely amicable separation” and will be assisting the board in the transition period until it appoints a new chief executive.

Hoare said: “After just over 12 years at the helm here at Luke Street I have concluded that it is time for a change, both for the association, and for me. Therefore I have decided to step down as chief executive and will be leaving to pursue various assignments in the jewellery sector and beyond.”

Under Hoare’s direction the NAG has made some milestone developments. In the past 12 years it has created the NAG Institute of Registered Valuers, acted as a founding member of the Responsible Jewellery Council, established the Executive Development Forum, set up a joint Ethics Committee with the British Jewellers’ Association and Gem-A, joined world jewellery federation CIBJO and set up joint security scheme SaferGems with insurer TH March.

NAG chairman Pravin Pattni said: “Michael is going to be a hard act to follow, as during the last 12 years he has done a fabulous job of raising the standards, profile and the overall management of the NAG.”