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, will replace Martin Tolcher. The outgoing executive is stepping down after 15 years as a member of Gemfields’ board an almost five as chair of the company.
“Bruce’s reputation as a pre-eminent leader is well documented and he brings considerable experience of mining gemstones in Africa and marketing them internationally,” the company said in the statement.The incoming chair highlighted the similarities between Gemfields’ business and De Beers’ beginnings and how consistent and reliable supply can deliver remarkable industry growth.
He also noted that the coloured gemstone market has long outlasted the emergence of lab-grown alternatives, as man-made rubies have existed for more than 120 years.
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