Diamond trading association London Diamond Bourse has named Alan Cohen as the president of the company, succeeding Menachem Prager.
Cohen started his career in diamonds in 1971 when he trained as a rough and polished diamond sorter. He has been a member of the group since 1976 and took over the role of vice president two years ago.
Victoria McKay COO said the group is “pleased to receive Alan as our new president” and said he “will be an effective advocate for the UK’s diamond industry both at home and abroad”. She added: “His natural gravitas along with his industry experience make him a valuable asset.”
Cohen acknowledged former president Prager “for successfully helping the association and its members to navigate through difficult times and difficult issues in the past two years”.
He added: “I look forward to the new challenges ahead. I appreciate the hard work that others have done before me in the association and I hope to be able to build on that to move LDB in a direction that benefits the diamond industry.”