EDISON SUMNER TENDERS RESIGNATION AS BAHAMAS CHAMBER OF COMMERCE CEO

 

NASSAU, Bahamas — Edison Sumner tendered his resignation as director and CEO of the Bahamas Chamber of Commerce and Employers Confederation on Friday following a report this week about his ten-year ban from the securities industry.

A copy of his resignation letter was initially posted on the chamber’s Facebook page but it was eventually removed. Neither Mr Sumner nor chamber officials could be reached for comment up to press time on Friday. It is not clear if Mr Sumner’s resignation has been accepted by the chamber’s board of directors.

His resignation attempt comes days after the chamber’s chairman, Michael Maura, endorsed him in a statement as “an integral part of the success of the BCCEC” and someone whose performance was not affected by the Securities Commission’s proceedings involving him.

Mr Maura on Tuesday said the BCCEC looked forward to Mr Sumner’s continuing role as CEO. But in his resignation letter Mr Sumner said the securities commission issue made it challenging for him to continue leading the organisation. http://www.tribune242.com/news/2018/sep/14/edison-sumner-resigns-bahamas-chamber-commerce-ceo/