On Friday September 20th at the NYGÅRD Runway Ready fashion show, former Lieutenant- Governor Pearl McGonigal and Senator Rod Zimmer presented fashion designer Peter Nygård with the Queen’s Diamond Jubilee Medal “in recognition for his philanthropic work raising money and awareness for cancer research and for his outstanding contributions to Canada and the Commonwealth. This is the second time Queen Elizabeth II has bestowed this prestigious honour on Mr. Nygård, in 2003 Queen Elizabeth II also awarded her Golden Jubilee medal to Peter Nygård as someone who, during her reign “helped create the Canada of today, and to recognize Mr. Nygård for outstanding and exemplary achievement to Canada as a whole.”
Over the years, Mr. Nygård, the owner of Nygård Cay, has contributed financially to a variety of causes in the Bahamas. He is the biggest sponsor to all sports in the Bahamas, especially the sponsorship of Bahamian teams in International competitions. In the last three Olympic Games, Nygård donated more money to Bahamian athletes than any other source. In recent years Mr. Nygård has been at the forefront of efforts for the introduction of Stem Cell Research and Therapy in the Bahamas.