SourcingJul 05, 2024
Lucara Names New VP of Mineral ResourcesSourcingJul 08, 2024
AWDC Re-Elects Isidore Mörsel as Board President
Ravi Bhansali has been elected vice president.
Isidore Mörsel, pictured right, will stay on as president of the AWDC board of directors, while Ravi Bhansali joins the board as vice president.
Antwerp, Belgium—The Antwerp World Diamond Centre (AWDC) has re-elected Isidore Mörsel as president of the board of directors and elected Ravi Bhansali as vice president.
Mörsel, the CEO of Dali Diamond Company, stepped into the role in September 2023 after former AWDC president David Gotlib resigned.
“I feel very honored to be re-elected as president of AWDC’s board of directors,” said Mörsel.
“The global diamond industry finds itself amidst an important transformation and there are big challenges ahead, including for Antwerp.”
Bhansali, who steers operations at Rosy Blue, a diamond trading and manufacturing company, will join the board as vice president for the next two years.
His election symbolizes how a younger generation of diamantaires has been taking over leadership positions in Antwerp’s diamond companies over the recent years, said AWDC.
“I am looking forward to a continued cooperation with Mr. Mörsel in his role as the president with Mr. Bhansali as incoming vice president of our board of directors,” said Karen Rentmeesters, AWDC’s interim CEO.
“In the past weeks and months, Mr. Mörsel has demonstrated an incredibly strong commitment to the Antwerp Diamond Industry and the challenges we face today. The combined expertise and drive of the president, vice president, and entire AWDC board is crucial to steer the future of Antwerp’s diamond industry towards growth, together with AWDC’s management team.”
Related stories will be right here …
Mörsel, the CEO of Dali Diamond Company, stepped into the role in September 2023 after former AWDC president David Gotlib resigned.
“I feel very honored to be re-elected as president of AWDC’s board of directors,” said Mörsel.
“The global diamond industry finds itself amidst an important transformation and there are big challenges ahead, including for Antwerp.”
Bhansali, who steers operations at Rosy Blue, a diamond trading and manufacturing company, will join the board as vice president for the next two years.
His election symbolizes how a younger generation of diamantaires has been taking over leadership positions in Antwerp’s diamond companies over the recent years, said AWDC.
“I am looking forward to a continued cooperation with Mr. Mörsel in his role as the president with Mr. Bhansali as incoming vice president of our board of directors,” said Karen Rentmeesters, AWDC’s interim CEO.
“In the past weeks and months, Mr. Mörsel has demonstrated an incredibly strong commitment to the Antwerp Diamond Industry and the challenges we face today. The combined expertise and drive of the president, vice president, and entire AWDC board is crucial to steer the future of Antwerp’s diamond industry towards growth, together with AWDC’s management team.”
The AWDC has been vocal about its role in the G7 nations’ ban on importing diamonds mined in Russia.
In May, the organization released a statement pushing back against the EU’s plan to establish Antwerp as the sole “rough node” through which all rough diamonds must pass to certify they are not of Russian origin.
It’s advocating instead for the establishment of multiple rough diamond verification nodes, including in producing countries.
Bhansali said this plays a pivotal role in ensuring the diamond supply chain meets the highest standards of ethical and sustainable trade.
“We believe this approach is both feasible and fair, promoting unity and shared responsibility among all stakeholders. This concept will enable and empower the timely and effective integration of major African producing and polishing countries into this new global reality,” said Bhansali.
In the meantime, the AWDC sees the model node in Antwerp as an opportunity to set an example.
Mörsel added, “I believe that we, as an important industry organization, are poised to play a significant role in guiding and directing the industry, having been honored by the G7 to act as a model node for rough diamond verification.
“This recognition will allow Antwerp to lead by example, supporting the successful implementation of this initiative and fostering stronger global cooperation within the international diamond community.”
More on Sourcing
The Latest
ColumnistsSep 05, 2025
Peter Smith: A Lasting Lesson From Maurice Tempelsman Smith recalls a bit of wisdom the industry leader, who died last week, shared at a diamond conference years ago.
CollectionsSep 05, 2025
Piece of the Week: Jamie Turner’s ‘Victoria’ Necklace The “Victoria” necklace features a labradorite hugged by diamond accents in 18-karat yellow gold.
Policies & IssuesSep 05, 2025
Trump Takes Tariffs Case to the Supreme Court Two lower courts have moved to block the import taxes, which will remain in place as the legal battle continues.
Brought to you by
Rallying Call for the Jewelry Industry on Tariffs and Other Key IssuesJewelers of America is leading the charge to protect the industry amidst rising economic threats.
WatchesSep 05, 2025
Patrick Mahomes Is the New Hublot Brand AmbassadorThe Kansas City Chiefs quarterback shares Hublot’s dedication to pursuing greatness, the Swiss watchmaker said.
Weekly QuizSep 04, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Events & AwardsSep 04, 2025
27 Can’t-Miss Converge Sessions, Events From sunrise yoga to tariffs talks, these are some events to check out at the upcoming inaugural event.
Brought to you by
Taking the Moment Head On: How Rio Grande Champions the Present & Future of Fine JewelryAs a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.
WatchesSep 04, 2025
Breitling Takes Its NFL Game to the Next Level Breitling is now the NFL’s official timepiece partner, a move that puts the brand in front of the millions of Americans who watch football.
Events & AwardsSep 04, 2025
The NYC Jewelry, Antique, & Object Show Returns in NovemberNYCJAOS is set for Nov. 21-23 in New York City’s Chelsea neighborhood.
MajorsSep 03, 2025
These Are the Nearly 300 Claire’s Stores Set to CloseA new court filing details the locations of the stores that will close, as well as the 830 that will remain open.
MajorsSep 03, 2025
Stuller Releases 2 New Catalogs The new catalogs are “Tools, Equipment, & Metals” and “Findings & Metals.”
TrendsSep 03, 2025
Amanda’s Style File: A Perfect BirthstoneSapphire’s variety of colors make it the perfect birthstone for September.
FinancialsSep 02, 2025
Lab-Grown Diamonds, Lower-Priced Fashion Jewelry Drive Signet Jewelers’ Q2 SalesThe retailer has raised its guidance after seeing total sales increase 3 percent in the second quarter, beating expectations.
MajorsSep 02, 2025
Birks CEO Jean-Christophe Bédos Steps DownNiccolò Rossi di Montelera, executive chairman of the board, was appointed as interim CEO.
MajorsSep 02, 2025
Harry Winston Opens Its Largest Flagship in JapanThe three-floor space also features the jeweler’s largest VIP salon in Japan and offers an exclusive diamond pendant.
CollectionsSep 02, 2025
Stephanie Gottlieb Debuts Silver Designs in ‘All Hours’ CollabThe collection is a collaboration between Stephanie Gottlieb Fine Jewelry and Oak and Luna, focusing on understated essentials.
AuctionsAug 29, 2025
Sotheby’s UAE Sale to Feature 32-Carat Fancy Vivid Orangy Pink DiamondThe highlight of a single-owner jewelry and watch collection, it’s estimated to fetch up to $7 million at auction this December.
FinancialsAug 29, 2025
Movado’s Q2 Sales Rebound Despite Tariff ImpactCEO Efraim Grinberg noted a resurgence in the fashion watch market.
CollectionsAug 29, 2025
Piece of the Week: Mark Davis’ ‘Bullseye’ Necklace The “Bullseye” necklace, with vintage bakelite and peridot, August’s birthstone, is the perfect transitional piece as summer turns to fall.
Supplier BulletinAug 28, 2025
Clientbook Is Helping Jewelers Turn Clienteling Challenges into Wins with Hands-On Training and CoachingSponsored by Clientbook
GradingAug 28, 2025
GIA’s New ‘Quality Assessment’ for Lab-Grown Diamonds Is Coming It will classify lab-grown stones into one of two categories, “premium” or “standard,” in lieu of giving specific color and clarity grades.
SourcingAug 28, 2025
Botswana Declares Public Health Emergency Amid Diamond Sales SlumpPresident Duma Boko addressed the country’s medical supply chain crisis in a recent televised address.
MajorsAug 28, 2025
Borsheims Names New Jewelry BuyerFormer Free People buyer Afton Robertson-Kanne recently joined the retailer.
IndependentsAug 28, 2025
Sissy’s Log Cabin Donates School Supplies to Memphis StudentsThe jeweler teamed up with two local organizations for its inaugural “Back to School and Bling” event.
EditorsAug 27, 2025
Taylor Swift’s Engagement Ring Is a Fairy Tale for Vintage Diamond CutsThe singer’s new bling, reportedly a natural old mine-cut diamond, is no paper ring.
SourcingAug 27, 2025
11,685-Carat Emerald Recovered From Zambia’s Kagem MineDubbed the “Imboo,” or “buffalo,” emerald, the rough gemstone is part of Gemfields’ latest emerald auction, which is taking place now.
