THE Institute of Private Enterprise Development (IPED) has announced the appointment of Jagdesh Haripershad as its new Chief Executive Officer.
According to a release, Haripershad’s appointment took effect on June 1, 2021. He is no stranger to IPED, having served as the company’s Finance Manager from 2010 to 2018.
He now returns to the company after the departure of its previous CEO, Ramesh Persaud, who gave 15-years of exceptional service to the enterprise and small businesses in Guyana.
Speaking on his appointment, Haripershad said, “I am delighted to be re-joining IPED at this time as we forge ahead with the development of micro and small businesses in Guyana. Guyana is on the road to economic prosperity, and with this in mind my objective is to add to the exceptional work IPED has been doing over the years, helping micro and small businesses realise their potential.”

Haripershad, who holds a Master of Business Administration (MBA) from Oxford Brookes University in the United Kingdom, brings to the company in-depth knowledge of micro and small business financing and loans portfolio management. He is also a chartered accountant, skilled in working with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). Chairman of the Board of IPED, Komal Samaroo, commenting on the appointment of the new CEO, said: “I am confident and can assure our clients that Jagdesh Haripershad, with his years of experience at IPED, will guarantee stability at this extremely difficult time for micro, small, and medium sized businesses. But I am equally confident that he has the experience and tools that are required for continued innovation and development as we take advantage of the new opportunities for startups and growing businesses in this economy.” IPED welcomed Haripershad and wishes him a long and fruitful stay with the company, the release concluded.