Paul Rowley to succeed Varda Shine as Executive Vice President

The De Beers Group of Companies recently announced that Varda Shine, Executive Vice President of Global Sightholder Sales, will be leaving the organisation at the end of January 2014. Paul Rowley, Senior Vice President of Midstream Operations for Global Sightholder Sales, will succeed Shine as Executive Vice President following a comprehensive handover. Shine will also step down as Chairperson of the DTC Botswana board and Deputy Chairperson of the Namibia DTC board with successors to be announced in due course.

Paul Rowley brings a wealth of experience to the role, having joined De Beers in 1983 and filled a variety of senior positions in the organisation. He has served on both the DTC Botswana and Namibia DTC boards and was Acting CEO of DTC Botswana prior to his current role. His earlier experience also includes key account management, rough diamond purchasing in various African diamond producing countries and heading the Global Sightholder Sales Diamond Division.

Commenting on his appointment Som said, “I am delighted to have joined the World Gold Council, which provides focused leadership on all matters concerning gold across the globe. I am looking forward to developing and leading, innovative and sustainable programmes for gold in all its forms throughout India and developing and further strengthening relationships with key financial, trade and retail partners.”

Commenting on his appointment Som said, “I am delighted to have joined the World Gold Council, which provides focused leadership on all matters concerning gold across the globe. I am looking forward to developing and leading, innovative and sustainable programmes for gold in all its forms throughout India and developing and further strengthening relationships with key financial, trade and retail partners.”

Paul Rowley said: “I am very excited to take up this new role. I have been fortunate enough to have worked all over southern Africa, forming strong relationships with our government partners, and to have built up decades of experience with rough diamonds. It will be a privilege to work more closely with our Sightholders, who are among the world’s leading diamantaires, and I look forward to starting a new chapter for Global Sightholder Sales in Botswana.”