Israel Diamond Exchange welcomes new managing director

Brigadier general Moti Besser, most recently managing director of the State Comptroller’s Office, has returned to the Israeli diamond industry as managing director of the Israel Diamond Exchange (IDE).

He was appointed by president Yair Sahar to take on the position at IDE and will “play an active role in the president’s initiatives to renew and advance the exchange.”

In the past Besser served as a financial adviser to the IDF chief of staff, and to the head of budgets in the Ministry of Defence.

Besser (pictured left) said: “The Israel Diamond Exchange represents a huge economic force in the Israeli economy and a leading light among the world’s diamond bourses. I see my participation in leading the exchange as a huge challenge, especially in light of the tough competition posed by the world’s other diamond centres.”

Sahar (pictured right) added: “I have no doubt that Moti will make an important contribution to strengthening the Israeli Diamond Industry, which accounts for one quarter of Israel’s industrial exports.”