Latest update February 9th, 2025 1:59 PM
Dec 09, 2012 News
Bakewell, Denmor owners recognized posthumously
The private sector, in the second consecutive week, has recognized business leaders who passed away but whose legacy has continued to leave its mark on Guyana.
Businessmen, Naeem Nasir, who made Bakewell’s bread and tennis rolls into a household name, and with Dennis Morgan, whose Denmor Garments saw him employing over 1,000 persons in just over a decade and acquiring lucrative overseas contracts with companies like Victoria’s Secrets and TJ Maxx, both received posthumous Awards of Achievement.
The annual awards ceremony, hosted by the private sector advocacy body, the Guyana Chamber of Commerce and Industry (GCCI), was held at the Pegasus Hotel on Thursday evening.
It would have been the second award in a week for Morgan who built Denmor from scratch, employing predominantly women, and racking up numerous awards, locally and overseas.
Nasir, determined to build a love for his products, opened several satellite roadside bread stands, distributing to many a shop across the country. His contributions to the social and sporting sectors of the countries were also noted.
At the awards ceremony were several politicians including Prime Minister Sam Hinds, insurance and banking officials and powerful business leaders.
Grabbing the two top honours in the Business of the Year Award were Survival Supermarket in the small to medium category, and Air Services Limited (ASL) for the large category. ASL is a charter company that conducts hinterland flights operating out of the Ogle Airport.
The company is getting ready to acquire its own helicopter to start charter flights next year, senior executive Annette Arjoon-Martins disclosed in her acceptance remarks.
This particular award was for companies that demonstrated good overall performance in the areas of financial growth, customer satisfaction, internal processes improvements, employee relations, development and corporate citizenship.
The Young Business Executive Award went to Patricia Bacchus, the Chief Operating Officer/Company Secretary of Caribbean Container Inc. (CCI) for her “demonstration of ambition, skill, vision and tangible business success under the age of forty”.
CCI, which recovered from near bankruptcy to remain the largest recycling plant of its kind in the Caribbean, has been growing, now taking cardboard for recycling from several countries in the region. It biggest customer is Suriname.
It received the Award For Innovation 2012, for among other things, its Eco-Pac container, made from the pulp of sugar cane. Its Chairman, Ronald Webster, received the award.
In a new category, Tourism Minister, Irfaan Ali, beat out Natural Resources Minister, Robert Persaud for the GCCI’s Public Service Award of Excellence 2012 for “effectively facilitating the work of the business community by exhibiting the highest standard of service”. Both ministries are handling sectors that have been the biggest earners for the economy.
The Corporate Citizenship Award went to Scotiabank Guyana, while the Lifetime Achievement Awards were shared between the famous brothers, Rabindranauth “Chico” Beharry and Inderjeet “Indi” Beharry. Their family-owned Edward B. Beharry and Company Limited has made “Chico” bubblegum and “Indi” curry a household name.
Guyana Bank for Trade and Industry, partially owned by the same Beharry family, received the President’s Award for its achievements and significant investments.
According to Anand Beharry who received the award, GBTI is moving to introduce mobile banking before the end of the year.
The other awardees were Digicel Guyana which received the Chamber Award for its “demonstrated and continued active interest in the well-being of the Chamber and significant contributions to the overall success of the organization and its work; Hand-in-Hand Mutual Fire and Life Insurance Companies with the Long Service Award and Stabroek New Business for its coverage of the GCCI. (Leonard Gildarie)
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