Honorary Life-President World Federation of Diamond Bourses
Shmuel Schnitzer, a former president of both the World Federation of Diamond Bourses and the Israel Diamond Exchange was born in Tel Aviv in 1949. He is a graduate of Tel Aviv University Law School (LLB) and became a licensed attorney in 1978.
Mr. Schnitzer joined the diamond industry more than 30 years ago and is a partner in M. Schnitzer & Company. He first became involved in public activity in the diamond industry in 1988, as a member of the Israel Diamond Manufacturers Association Executive Committee. In this framework, he served as vice-president, chair of the Finance Committee and chair of the Legal Committee. He is currently chair of the Young Manufacturers Committee.
In 1994 Mr. Schnitzer became active in public activity on the Israel Diamond Exchange. In the years preceding his election as exchange president, he served as vice-president, chair of the Industry and Export Committee and chair of the Legal Committee.
Mr. Schnitzer is a member of the board of directors of the Israel Diamond Institute, is chairman of the board of directors of the Harry Oppenheimer Diamond Museum and is a member of the board of directors of the Israel Gemological Institute.
In 2000, he was elected vice-president of the WFDB. That same year he was elected vice chairman of the World Diamond Council, which is devoted to resolving the issue of “conflict diamonds.” He was elected president of the WFDB at the 30th World Diamond Congress in London in 2002, and he served two two-year terms in office. At the 32nd World Diamond Congress in Tel Aviv in 2006, he was named an Honorary Lifetime President of the WFDB.
Viewing the Israel diamond industry as an important factor in Israeli society, Mr. Schnitzer has organized numerous special efforts, such as the exchange’s adoption of Kiryat Malachi, an underprivileged community in southern Israel, and fundraising campaigns, mainly for the benefit of medical institutions.
Mr. Schnitzer is a member of the Schnitzer Foundation for Research of the Israel Economy and Society, Bar Ilan University, Tel Aviv, and a member of the International Board of Trustees of the Shenkar School of Fashion and Design in Ramat Gan.
Mr. Schnitzer is married to Sharona. They have two sons, Shai and Ben, and a daughter, Shani.