Elections for a new president at the Israel Diamond Exchange (IDE) are currently underway. The newly elected will replace Avi Paz, the outgoing president of the IDE. Paz was first elected to the post of president in 2005, followed by a re-election in 2007 and in 2009.

Presidents of the Israel Diamond Exchange are elected every two years in a vote by the general membership of the bourse. A president can serve up to three consecutive terms.