As a private foundation representing the interests of the Antwerp diamond sector, the Antwerp World Diamond Centre (AWDC) is governed by a Board of Directors that is representative of the Antwerp diamond community, while its daily affairs are managed by professional staff headed by a Chief Executive Officer, who is appointed by and answerable to the AWDC Board of Directors.
 
Half of the officials on the 12-member AWDC Board of Directors are chosen according to a formula that is designed to ensure that all stakeholders in the diamond sector are fairly represented. Two directors are elected by diamond companies with an average turnover of € 100 million or more; two directors are elected by diamond companies with an average turnover between € 30 million and € 100 million; and two directors are elected by diamond companies which recorded an average turnover between € 500,000 and € 30 million. All diamond dealing companies registered with the Federal Government Services, Economy are entitled to vote for the category to which they belong, and each may vote for two candidates.
 
A further three members of the Board of Directors are appointed by Antwerp’s four diamond bourses. Two members of the Board of Directors are appointed by representatives of the diamond manufacturing industry. The final member of the Board of Directors is an independent director, and is appointed by the board itself. The Board of Directors also elects a president and vice presidents.
 
The CEO is assisted by a Deputy CEO, who assists in overseeing the activities of the Diamond Office, Marketing and PR Department, International Affairs Department, ,Operations, Corporate Affairs and Human Resources.
 
HRD Antwerp NV which is an independent subsidiary wholly owned by AWDC, is a private company offering a range of commercial services to the international diamond sector.