New DGJG board of directors announced

The Dubai Gold & Jewellery Group, or DGJG, announced the appointment of its new board of directors for year 2012-14 at its recent 14th annual general meeting at the Dubai Chamber of Commerce and Industry. Sunny was selected as the new chairman of the board of directors. Chittilappilly, who also serves as the managing director of Chittilappilly Jewellers, will head the group’s executive committee. The other newly-appointed committee members include Chandu Siroya as vice-chairman, Anil Dhanak as managing director, Paresh Dhanak as secretary, Anurag Sinha as joint secretary Abdul Salam as treasurer andChirag Vora as joint treasurer. “Over the past few years, the DGJG has been driven by growth and innovation in the jewellery sector, which has helped strengthen Dubai’s jewellery trade and promote Dubai as ‘The City of Gold’”, Chittilappilly said. “While continuing the good work set forth by the previous board, the new board will further sharpen its focus on member beneficial activities and strive to enhance the flow of trade both in terms of quality and price.” A recent study revealed that Dubai imports 300 tonnes of gold for retail and wholesale on an annual basis. The approximate value of this trade is Dh12 billion annually. From khaleejtimes