ICA Moves International HQ to Hong Kong
August 22, 12 Members of the Board of Directors of the ICA and Staff of the New Hong Kong Office |
Attesting to the growing importance of the Asian markets, the International Colored Gemstone Association (ICA) has moved its international headquarters from New York to Hong Kong. The organization is still maintaining a presence in a new location in New York.
The ICA said the decision to move its head office was aimed at bringing the organization into closer touch with the rapidly expanding Asian markets – and its increased membership in the region – and to actively participate in the further development of the colored gemstones and jewelry industry in the region.
Wilson Yuen, president of the organization, said the decision had been made following a great deal of debate. "Asia in general, and China in particular, is claiming a larger role in international business, and it is imperative that we are based in the heart of the region to enable us to provide a comprehensive service to our membership and to the industry. This is what it is expected of the ICA,” he said.
The transition is being overseen by the ICA’s former executive director, Barbara Wheat.
The new offices are located in Hong Kong's gems and jewelry manufacturing district. The offices are run by a team of English- and Chinese-speaking staff, led by Daniel Leung, executive assistant to the president.