CEO of Demerara Bank named GuySuCo’s Chairman

The Government has appointed a new Board of Directors for the Guyana Sugar Corporation (GuySuCo) Chaired by Mr Pravainchandra Dave, who currently serves as the Chief Executive Officer (CEO) of Demerara Bank Limited.

According to his profile on the bank’s website, Mr Dave is a highly qualified and experienced banking professional with over 30 years as a Senior Banking Executive in Guyana and abroad.

Approval was granted by Agriculture Minister, Zulfikar Mustapha for the period of one year.

The Vice-Chairman is Mr Anthony Vieira.

Vieira –a former APNU member –was on the List of Candidates for the People’s Progressive Party for the 2020 elections.

He previously served as Director of Field Operations GuySuCo under the APNU+AFC administration in 2016.

Other members include Ramesh Persaud, Tarachand Balgobin, Ray Hanoman, Shamira Evans, Mohamed Rafeek and Desmond Sears. A representative of the Guyana Agricultural and General Workers Union (GAWU) is to be named to be on the board.

Accountant Paul Cheong who was recently appointed Chairman of the National Industrial and Commercial Investments Limited (NICIL) is named as an ex-officio member.