Young Diamantaires become non-profit to drive ethical change in diamond industry
The Young Diamantaires (YD), a collaborative group of emerging leaders in the diamond sector, has undergone a significant transformation, officially becoming a non-profit industry association. This development, backed by the Dubai Multi Commodities Centre (DMCC), signifies YD's dedication to fostering innovation, inclusivity, and ethical practices within the global diamond industry.
Founded in 2016 during the World Diamond Congress in Dubai, YD initially emerged as a discussion group under the auspices of the World Federation of Diamond Bourses (WFDB). Over time, the collective has expanded its reach, now comprising over 500 members from 25 countries. This global network is united by a shared vision of reshaping the diamond industry through collaboration and forward-thinking initiatives.
The newly established Board of Directors includes key industry figures who are tasked with guiding YD’s mission. The board features:
- David Troostwyk
- Elodie Daguzan
- Melissa Smet
- Mike Asscher
- Rachel Sahar
- Shai Schnitzer
- Kevin Vantyghem
Additionally, the Young Diamantaires Organising Committee (YDOC) supports the board, consisting of members such as Dr. Adriana Traviati, Christopher Zoettl, Harsh Parekh, Harsh Shah, Prernaa Makhariaa, Alain Zlayet, Rami Baron, Tamara Gabay, and Molefi Letsiki.
The transition into a formal association is expected to enhance YD's influence in the industry, particularly in promoting professional development, sustainability, and ethical sourcing. One notable project that exemplifies YD’s initiatives is the Renaissance School Project in South Africa, where members partnered with De Beers to improve educational facilities near the Venetia diamond mine.
For professionals in the Australian jewellery industry, YD’s formalisation represents an opportunity to connect with a global network that is committed to progressive change. As the sector confronts various challenges and embraces new innovations, organisations like YD are poised to play a crucial role in shaping a sustainable and inclusive future within the diamond trade.