Prominent businessman Yesu Persaud has bowed out of the Institute of Private Enterprise Development (IPED) which he founded 32 years ago.
In his report for the 2017 annual general meeting which was held on March 28th this year, Persaud said “This is my last report that I will be presenting as your Founding Chairman.
I believe it is the right time for me to facilitate the planned succession of leadership to the next generation as I have full confidence that the mission of IPED will continue to be pursued with vigor and integrity by its current management and the Board.
I wish to congratulate Mr Komal Samaroo on his appointment as the incoming Chairman and would like to thank the Board of Directors and all stakeholders for their unwavering support during my 32 years tenure as Chairman of IPED”.
