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14 Jul 2026

Mehul Shah elected President of World Federation of Diamond Bourses (WFDB)

Senior Palanpuri diamantaire Mehul Shah has been elected President of World Federation of Diamond Bourses, (WFDB) the apex global body of the diamond trade comprising 26 Diamond Bourses from across the Globe and six affiliated members. He is the first Indian diamantaire to be chosen for this prestigious post.

Mehulbhai described his election as an important milestone for the Indian diamond industry that opens a new chapter for the country to play a key role in taking the global diamond industry forward. “This is a Victory for India. I am humbled by this appointment and proud to have represented India on the international stage.”

He also acknowledged the support he received during the election process from Anoop Mehta, President BDB and Shaunak Parikh, Vice Chairman, GJEPC, and added, “It is a proud moment for the community too.

Prior to this, Mehulbhai has been a member of the WFDB Executive Committee for over two decades, and been Treasurer-General of the organisation ever since he was first elected to that role in 2016.

Within the country, Mehulbhai has been Vice-President of the Bharat Diamond Bourse (BDB) for more than a decade, and was recently appointed as the Chairman of the Gemmological Institute of India (GII).