BREAKING: ‘A true son of the soil’: Dr Yesu Persaud dies

Well-known as a giant in business and philanthropy, Dr Yesu Persaud, 93, died early Monday.

The announcement was made by President Dr Irfaan Ali on his Facebook page. The Head of State described Dr Persaud as a “true son of the soil.”

“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 wrote.

The News Room understands that Dr Persaud passed away at his East Bank Demerara home; reports indicate that he was not in the best of health for a period of time.

Dr Persaud has a long and distinguished career that spans many continents, two centuries and several successful business ventures and highly impactful civic and philanthropic works.

The Institute of Private Enterprise Development (IPED) last year unveiled a life-sized bust of Dr. Yesu Persaud, who is the Founding Chairman of IPED and served the institution from October 1985 to January 2018.

Dr. Persaud was a chartered accountant and a master entrepreneur who has dedicated his life to recreating and nurturing the small and micro business sector in Guyana. His vision led to the creation of IPED and his leadership has ensured improved livelihoods and sustainable micro and small enterprises for over 4000 entrepreneurs across Guyana.

Rest in peace