Varda Shine has been made an Honorary Member of the London Diamond Bourse in recognition of her outstanding services to the diamond industry. A rare honour, the award has only been a handful of times since the Bourse came to exist some 74 years ago.
Varda Shine who recently stepped down as CEO of the De Beers Diamond Trading Company (DTC) is recognised as one of the major powerbrokers in the international jewellery trade with some 30 years’ experience within the diamond industry. Varda joined De Beers in 1984 and became CEO in 2006. During her tenure as CEO Varda led the business to deliver record sales and profits whilst extending the company’s customer base in India and developing pioneering new approaches to working with De Beers’ government partners in Botswana, Namibia, South Africa and Canada. Varda has extensive knowledge and experience of delivering on the expectations of major international clients and working with individuals from all different cultures and backgrounds.
Varda has completed business and management courses at Templeton College, Oxford, Cranfield and INSEAD. She was the first woman to be awarded honorary lifetime membership of the Israel Diamond Exchange (IDE) and in 2011 received the Women’s Jewellery Association (WJA) Hall of Fame Lifetime Achievement Award. She is also a governing Board member of the Diamond Empowerment Fund (DEF), a non-profit international organisation with the mission of raising money to support education initiatives that develop and empower economically disadvantaged people in Diamond producing nations.
Commenting on the award of LDB Honorary Membership to Varda Shine, Victoria McKay, LDB Chief Operating Officer said:
“The London Diamond Bourse is delighted to present Honorary Membership to Varda Shine. Varda is a valued member of the diamond community. She brings to everything she does experience, astuteness, an incisive and clear mind, a respect for colleagues and, above all, a belief in innovation within the diamond industry. We are delighted to count her amongst our members”
On receiving the award, Varda commented:
“I am both delighted and humbled to receive this honorary membership to the London Diamond Bourse. I am very proud to have been part of the long and rich history of the diamond industry in London and it will be a real pleasure to become a member of such a fine organisation. The London Diamond Bourse has played a major role in the UK’s diamond industry for several decades and, with its excellent leadership and connections with the international diamond industry, I am confident that it will continue to do so long into the future.””
Further press information from: Victoria McKay on 020 7405 2625
The LDB celebrates its 74th year in 2014. The London Diamond Bourse (a member of the World Federation of Diamond Bourses) is an exclusive institution, whose history, traditions and facilities make it unique in the UK. Our members subscribe and are bound by our historic code of conduct which includes integrity, moral obligation, the highest standards of trade and best business practice. The London Diamond Bourse is recognised by the Foreign and Commonwealth office as a Trade Organisation and as such all our members are required to adhere to the Kimberley Process and provide annual certification to validate any trade in rough diamonds.