SIR?HARCOURT?LEWIS?has quit as deputy chairman of the Financial Services Commission (FSC).
Sir Harcourt, a former Cabinet minister and a leading light in the credit union movement, tendered his resignation to the Prime Minister, citing personal reasons.
“I am no longer willing to serve in that position,” Sir Harcourt said yesterday.
The role of the recently established commission, which has already had one board meeting, is to enhance the supervision and regulation of the non-banking financial sector, including cooperatives.
General secretary of the National Union of Public Workers, Dennis Clarke, told the SATURDAY?SUN that Sir Harcourt’s resignation would be a blow to the FSC.
“Sir Harcourt has a good track record in the financial area, in setting up institutions like the Barbados National Bank. He has the working knowledge that any institution of that nature would want.
Big loss
“I am surprised that he has resigned, and I know it would have to be something serious that would have caused him to do so. His resignation is a loss to that institution,” Clarke said.
The Financial Services Commission?board is headed by former president of the Caribbean Development Bank, Sir Neville Nicholls. (MK)
