Honorary President of
World Diamond Council, WDC
World Federation of Diamond Bourses, WFDB
World Jewellery Confederation, CIBJO
Diamond Dealers Club of NY, DDC
Bangkok Diamond and Precious Stones Exchange, BDPE
Diamond Industry Steering Committee, DISC
Eli Izhakoff is partner of J.Izhakoff & Sons, a diamond manufacturing and import/export firm, with offices in New York at 580 Fifth Avenue.
In 1979, he first joined the board of directors of the Diamond Dealers Club in New York, and in the years that followed held several senior positions, including chairman of the board and secretary.
He was elected to serve as treasurer-general of the World Federation of Diamond Bourses in 1986 and was appointed a member of its Executive Committee.
In January 1990, Mr. Izhakoff was elected president of the Diamond Dealers Club and immediately conceived and formed the Diamond Industry Steering Committee, an umbrella organization of the four diamond trade associations in New York and served as its first chairman.
At the World Diamond Congress, which was held in May 1991 in London, England, Mr. Izhakoff was unanimously elected president of the World Federation of Diamond Bourses (WFDB). He was unanimously re elected for a second term at the following World Diamond Congress, which was held in Antwerp, Belgium, in June 1993. At the World Diamond Congress held in Tel Aviv, Israel, in May 1996, he was unanimously re elected for an unprecedented third term as WFDB president. Upon his retirement from the position at the World Diamond Congress in Bangkok, Thailand, in July 1998, he was unanimously elected as Lifetime Honorary President of the WFDB.
At the World Diamond Congress held in Antwerp, Belgium, in July 2000, Mr. Izhakoff was unanimously elected as chairman of the World Diamond Council and was instrumental in the establishment of the Kimberley Process. In May 2013 he was unanimously elected Lifetime Honorary President of the World Diamond Council.
Among awards and decorations he has received are: the Officer of the Order of Leopold from the King of Belgium, the Israel Diamond Industry Dignitary Award, the New York Diamond Industry Lifetime Achievement Award, Diamantaire of the Year from the WFDB. Medal of Honour from the Israel Diamond Institute, award from the Israel Diamond Exchange, and special honours from the president of the Republic of Sakha, the government of Thailand, the government of South Africa and the Dubai Multi Commodities Centre.