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WFDB Presidents' Meeting set for Amsterdam

May 01, 2007

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Antwerp, Belgium—The World Federation of Diamond Bourses (WFDB) will hold its 2007 Presidents' Meeting in Amsterdam, the Netherlands, from June 24-26.

The meeting, titled "Celebrating the WFDB's Diamond Anniversary: Building on a Tradition," will be hosted by the Amsterdam Diamond Exchange (Vereniging Beurs voor den Diamanthandel) and will be held at the Amsterdam Hilton Hotel.

This year's meeting celebrates the organization's 60th anniversary. The WFDB was founded in 1947, and the Presidents' Meetings are held in the intermittent years between WFDB congresses. During the two-day event, the presidents of the 26 diamond-bourse members will discuss ongoing issues and prepare the agenda for the congress in the following year.

"It is wonderful that we have the opportunity to hold our meeting in Amsterdam and celebrate the WFDB's anniversary there," WFDB President Ernest Blom said in a statement. "While after World War II, Amsterdam did not regain its former glory as a leading world diamond center, it is still recognized as the cradle of the diamond industry and trade. It is therefore very fitting to celebrate the WFDB's diamond anniversary there."

Ed Blik, president of the Vereniging Beurs voor den Diamanthandel, noted his bourse is the oldest in the world.

"More than 400 years ago, diamonds were already cut and traded here," Blik said. "Since those days, our capital has been named 'Amsterdam Diamantstad.' Of course, as the diamond world evolved, Amsterdam's role has decreased. However, we still have a very active membership of more than 100 members, and Amsterdam's fame and identity as 'Diamond City' is still widely recognized."

WFDB Secretary General Michael Vaughan said there will be plenty to discuss at this year's event. Among the topics on the agenda: the WFDB Mark program to promote consumer confidence, synthetic diamonds and treated diamonds.

For more information on the WFDB Presidents' Meeting, visit its Web site, Presidentsmeeting.com.
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