Philanthropist and great business innovator of Guyana, Dr Yesu Persaud has died at age 93.
The announcement was made by President Dr Irfaan Ali in a Facebook post on Monday.
“Guyana has lost an outstanding soul in Dr. Yesu Persaud, a true son of the soil. It is with great sadness I learnt, moments ago, about his passing. To his family, friends, management and staff of DDL and Demerara Bank, and the wider Private sector , I join with you in prayers at this time. May his soul find eternal peace,” Dr Ali expressed.
Dr Persaud is known for his many wise and profitable investments and for conceptualising and building of key institutions that now serve Guyana’s banking and financial sectors well.
Some highlights include his service as Executive Chairman of Diamond Liquors Limited and the Managing Director of Demerara Sugar Company. He is being credited with achieving a business miracle with regards to Demerara Distillers Limited which stands out in the economic history of Guyana.
Nationally, he has been awarded the Golden Arrow of Achievement for his works in developing and expanding the Distilling Industry in Guyana and the Cacique Crown of Honour for development of new industries.
Internationally, Dr Persaud has also received several awards including the Pepsi Cola International-Slice, the Gandhi Organization Plaque, the inaugural Indo Male Lifetime Award and the Glory of India Award and Certificate of Excellence.
