The WDC currently has 40 members representing the entire diamond industry from
miners to jewelers and associations, making it the only diamond body where the
supply chain is represented in full. The world’s largest diamond miners and jewelry
retailers are members, as are numerous smaller companies. The bulk of members of
the international diamond industry is represented through the national and
international associations that are WDC members.
The governance of the WDC is vested in its 20-member Board of Directors, which is
structured to represent the diversity the diamond value chain. Four directors each
represent companies or organizations engaged in the mining of diamonds, the retail
sale of diamonds or diamond jewelry, the wholesale trading of diamonds, the cutting
and polishing of diamonds, and other industry stakeholders. Permanent seats on the
Board of Directors are assigned to representatives of the WFDB, IDMA and CIBJO, the
World Jewelry Confederation.
The officers of the WDC are the President, the Vice President, the Secretary and the
Treasurer. The President serves for a nonrenewable term of two years and is
automatically succeeded by the Vice President at the end of the period. The
President and Vice President are always from different industry categories, so as to
ensure fair representation of the diamond value chain.