Edi Faltz is appointed by the World Jewelry & Diamond Hub, Panama, as its Executive Vice President and will take on the role further after Joseph Kuzi, who is stepping down after two years in office.
Mr. Faltz also serves as Chairman of the Membership and Banking Committees of the World Jewelry & Diamond Hub, Panama.
Mr. Faltz carries an intensive background as a veteran diamantaire, owner and CEO of both DBO (Diamond Buying Office) and the Faltz Diamond & Jewelry Group in Ramat Gan, Israel. He has served as an external advisor to the Israeli branches of Credit Suisse Bank and UBS Bank and participated in creating new technologies for the diamond and jewelry industries, heading the development of a 360-degree photographic system. He founded a pension fund platform specifically for the diamond industry.
“We are indeed fortunate to have a person with Edi’s wealth of knowledge and experience join our senior management team,” said Mahesh Khemlani, President of the World Jewelry & Diamond Hub, Panama. “Not only are we gaining an individual with an intimate understanding of the worlds of diamond, jewelry and finance, but also one that has been committed to the establishment of the World Jewelry Hub in Panama, investing time, effort and personal capital in its development.” Mr. Khemlani paid tribute to the outgoing Executive Vice President. “Joseph Kuzi made an immense contribution, helping put together the basic elements of a diamond exchange and a trading center in a region where none had before existed. He helped transform a vision into reality, and for that we are all beneficiaries. We wish him the very best of luck and good fortune.”