Shmuel Schnitzer Steps Down as IDI Chairman

RAPAPORT... Shmuel Shnitzer has left his post as chairman of the IsraelDiamond Institute (IDI). The IDI board appointed Boaz Moldawsky acting chairman,the institute announced Thursday. Shnitzer (pictured) has served in numerous industry positions over the past 30 years, including as president of the Israel Diamond Exchange (IDE) and cofounder of the WorldDiamond Council. He began his term as IDI chairman in February 2016.  Moldawsky, cofounder of the Moldawsky Group, hasserved as deputy president of the IDE and chairman of its finance committee,and is a board member of the Israel Diamond Manufacturers Association.