E.Barclay Simmons has resigned from the board of directors of the Bermuda Monetary Authority (BMA).
His resignation, effective 25 October, ends a nine-year spell at the BMA.
Simmons, who is also managing partner of ASW Law, resigned from his position due to assuming increased responsibilities at one of the authority’s licensed entities.
BMA board of directors chairman Gerald Simons thanked Simmons for his work at the authority/
He said: “E.Barclay Simmons joined the board in January 2007. He chaired the board’s investment committee which is responsible for ensuring the prudent investment of the authority’s portfolio of assets and he was a member of the board’s corporate governance and ethics committee.”