International Gemological Institute (IGI) global CEO Roland Lorie will step down after nearly five decades with the Antwerp-based gemological organization.
He will be replaced by Tehmasp Printer, effective October 1, the institute said Monday.
The move follows the acquisition of the International Gemological Institute by private equity company Blackstone in May from the Lorie family, which founded the organization in 1975.
Printer has been with IGI for 24 years, most recently as managing director of IGI India. He was instrumental in introducing IGI’s grading and certification practices to India’s gemstone and jewelry industries, the organization said.
