The Private Sector Organisation of Jamaica (PSOJ) expresses profound sadness over the loss of the Lascelles Chin; extending heartfelt sympathies to the family, friends, and colleagues the business mogul and philanthropist.

The group, in a statement on Sunday (May 28), hailed Chin for dedicating “his entire life to establishing an extraordinary entrepreneurial and philanthropic legacy that spans over six decades”.

Chin died late Saturday, surrounding by family and loved ones at the family home in Florida. He was 86.

“As we reflect on the remarkable career of this visionary, the PSOJ takes great pride in commemorating the life of a true titan of business whose selfless service contributed immensely to Jamaica’s economic development. His outstanding achievements, including his induction into the PSOJ Hall Of Fame in 2011, were duly recognised,” noted the PSOJ.

“His unparalleled business acumen and trailblazing spirit were evident across multiple sectors, including manufacturing, financial services, pharmaceuticals, and data processing,” the statement added.

Continuing, the PSOJ mused that Chin stood as an exceptional role model within Jamaica’s business community, building an iconic brand that not only created thousands of job opportunities for Jamaicans but also provided cost-effective, high-value goods and services through LASCO Manufacturing, Distributors, and Financial Services.

“With an immense commitment to corporate social responsibility, Mr Lascelles Chin made an invaluable contribution through his charity, the LASCO Chin Foundation. The foundation contributed significantly to law enforcement, educators, medical professionals, at-risk youth, sports, education, health and environmental sustainability,” contended the PSOJ.

“The distinguished service of many civil servants has been recognised and celebrated through the annual Lasco Awards for Teacher, Principal, Nurse and Police Officer Of The Year,” the entity remarked further.

With the passing of Chin, the PSOJ added, “our nation has lost a patriot who generously shared his knowledge and expertise to drive our country’s progress”.