Fischler will succeed the current president, Andrey Polyakov of Alrosa, in 2018. The WDC represents the entire diamond supply chain and the diamond industry in front of the Kimberley Process.
Fischler has been actively involved in the group since its inception.
Ronnie VanderLinden was reelected WDC treasurer for a second term, and Udi Sheintal will continue in the position of corporate secretary.
Fischler also serves as the president of the Antwerp World Diamond Centre, vice president of the International Diamond Council and Diamond Development Initiative, and treasurer of the International Diamond Manufacturers Association. He is also a current board member of the Responsible Jewellery Council.