Sourcing

Young Diamantaires Transition to Nonprofit

SourcingApr 24, 2025

Young Diamantaires Transition to Nonprofit

The organization also announced its board of directors.

Young Diamantaires
The Young Diamantaires, which began as an informal group in 2016, has transitioned to a nonprofit organization.
Dubai—The Young Diamantaires (YD) has transitioned into a nonprofit organization.  

The international organization is an initiative of the World Federation of Diamond Bourses (WFDB). 

It launched as an informal group in 2016 during the 37th World Diamond Congress in Dubai and is now an industry association incorporated in Dubai. 

This milestone marks a pivotal moment for the group, said YD, made possible through the essential support of the Dubai Multi Commodities Centre. 

“This formalization solidifies the YD’s commitment to fostering a forward-thinking, inclusive community dedicated to its members’ professional development and advancement while promoting sustainability, innovation, and ethical practices within the diamond and jewelry industry to shape its future,” the organization said. 

YD comprises nearly 500 young diamond professionals from 25 countries, all representing different segments of the diamond supply pipeline.  

The group participates in major industry events, including engaging in panels, brainstorming sessions, collaborations, mentoring, and fundraising for a school in Africa, it said. 

The organization also elected its first board of directors, which includes David Troostwyk (United Kingdom), Elodie Daguzan (France), Kevin Vantyghem (Canada), Melissa Smet (Belgium), Mike Asscher (The Netherlands), Rachel Sahar (UAE), and Shai Schnitzer (Israel).  

“This milestone empowers us to better unite and support the next generation of the diamond and jewelry industry leaders. Together, we’re not just participating in the future of our industry – we’re actively shaping it,” the board said.  

“And it all began thanks to the vision of Rami Baron, who served as chair of the WFDB Promotion Committee at the time. His passion for the Young Diamantaires and his trust in us have been instrumental in bringing us to where we are today. We are deeply grateful to him.” 

 Related stories will be right here … 

The Young Diamantaires organizing committee (YDOC) will continue to drive initiatives.

It includes the board of directors as well as Adriana Traviati (Australia), Christopher Zoettl (Germany), Harsh Parekh (India), Harsh Shah (India), Molefi Letsiki (South Africa), Prernaa Makharia (India), Alain Zlayet (Belgium), Rami Baron (Australia), and Tamar Gabay (Australia). 

“The YDOC plays a pivotal role in shaping the future of our community,” notes the board.

Also, an alumni group will be created for YDs who are older than 50.

More information is available on the Young Diamantaires’ website


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