Embattled businessman Charles Herbert has resigned as chairman of the Barbados Private Sector Association (BPSA).
In a brief statement today, the BPSA thanked Herbert for his valuable contribution to the work of the umbrella body of private sector associations, the Social Partnership and to the private sector in Barbados.
It also announced that in the interim, Edward Clarke, executive vice president and general manager, Barbados at Sagicor Life Inc, and president of the Barbados Chamber of Commerce and Industry would lead the business of the BPSA until such time that a chairman is elected at the annual general meeting in September.
The development comes exactly one week after Herbert appeared in court charged with two other Goddard Enterprises Limited (GEL) employees with possession with intent to supply, trafficking and the importation of 267 lbs or 121.4 kilogrammes of cannabis with an estimated street value of $534, 160 on July 23.
The drug charges against Herbert and his colleagues – non-executive director Chris Rogers and sailor Walter Oneal Prescod – stemmed from a drug bust aboard the Ecstasy, a private yacht owned by Goddard Enterprises. However, so far only Herbert and Rogers have made bail, and Herbert has since held a new briefing to protest his innocence.
During his media briefing last week, he had indicated he would make a determination on his future as chairman of GEL and head of the private sector given the current situation.
“I have to review whether I am even able to do so while a charge of drug trafficking hangs over my head and challenges my credibility. Any decision that I make will be in the interest of the company that I represent. If my continuing harms them then I will not continue. If I hurt the credibility of the private sector then I will certainly resign my position,” Herbert had said.
GEL is yet to comment on the charges.