Leading personality of the diamond industry, Itzhak Forem has passed away, announced the Israel Diamond Exchange (IDE). Forem had been the former president of the IDE for three terms, and of the World Federation of Diamond Bourses (WFDB) between 1998 to 2000. Amongst his various honours, his repute was also documented by the IDE naming the entrance of its Yahalom building after him last year. He died at the age of 72 years.