Foremost Ibadan-born industrialist, Dr. Raymond Zard is dead.

The Ibadan-born philanthropist, fondly called “Ray of Hope”, was the chairman of Zard Holding, a conglomerate with several companies including Kopek Construction, Zartech, and Sweetco.

Dr. Raymond Zard, who until his death was the Babalaje of Ibadanland, died on Sunday in Holland (not United Kingdom, as Holland is a region in the Netherlands).

He was born on May 27, 1938, in Ibadan, Oyo State, into the family of Khalil and Latife Assad Zard of Lebanon.

He was honored with the National Merit Award of the Order of the Federal Republic (OFR) for his contributions to the economic development of Nigeria.

In his remark, Senator Sharafadeen Alli (APC- Oyo South) has described the passing of renowned industrialist and philanthropist, Chief (Dr) Raymond Zard, OFR, as a significant loss not only to Ibadanland but to the entire nation.

This is contained in a statement signed by his Special Adviser on Media, Akeem Abas and made available to newsmen on Wednesday in Ibadan.

The 86 year-old owner of Zard Holdings, a conglomerate with several companies, was reported to have died on Sunday in Holland.

Alli said that the late Zard until his death, demonstrated unparalleled leadership and vision.

“His conglomerate, comprising several companies in Nigeria, was a testament to his entrepreneurial spirit and commitment to economic development,” he said.

The lawmaker and Maye Balogun of Ibadanland said that Zard’s contributions left an indelible mark on the industrial landscape of Nigeria.

He said that beyond the late Zard’s business acumen, he was a revered traditional Chief, holding the prestigious title of Babalaje of Ibadanland.

Alli said that Zard’s dedication to cultural and social upliftment of the community was evident in his actions and philanthropy.

He described him as a beacon of progress and an embodiment of selfless service to humanity.

“As we mourn his loss, we must also celebrate his life and legacy. Chief Zard’s numerous contributions to both the business world and our society at large will continue to inspire future generations.

“His memory will remain etched in our hearts as a symbol of excellence and benevolence,” he said.

Alli expressed deepest sympathies to the Zard family, friends and associates, praying Almighty God grant his soul eternal rest.