Industry group, World Diamond Council (WDC), has announced the resignation of current president Andrey Polyakov.
Polyakov became president of the WDC in May 2016 after serving as vice president for the organization the year prior.
“It has been an honor to serve as President of the WDC and to be a part of an organization tasked with such an important mission for our industry, said outgoing WDC President Polyakov. “We have achieved much together, but assuring that the diamond supply chain remains virtually free of conflict diamonds will take vigilance and an ongoing commitment to education and training for the next generation of industry stewards.”
Current WDC vice president Stephane Fischler will step into role of acting president from July 1 and is expected to become the official president in May 2018.
Acting WDC President Fischler added: “We owe a debt of gratitude to Andrey for his leadership and I, along with the rest of the members, look forward to continuing the good work he began with us.”