With the stroke of midnight, Barbados cut its last remaining bonds to the British monarchy after nearly 400 years. In a vibrant celebratory ceremony on Monday evening, the Caribbean island removed Queen Elizabeth II as head of state and inaugurated its first-ever President.With the stroke of midnight, Barbados cut its last remaining bonds to the British monarchy after nearly 400 years. In a vibrant celebratory ceremony on Monday evening, the Caribbean island removed Queen Elizabeth II as head of state and inaugurated its first-ever President.