Børge Brende, President and CEO of the World Economic Forum (WEF), has stepped down following an independent investigation into his ties with Jeffrey Epstein. The resignation comes after disclosures of past interactions, including business dinners, raising concerns over reputational risks. Brende cited the need for WEF to move forward without distractions.
The World Economic Forum (WEF) announced that its President and CEO, Børge Brende, has resigned amid scrutiny over his past ties with Jeffrey Epstein. Brende, who has led the WEF since 2017, made the decision after the U.S. Justice Department disclosed records of his interactions with Epstein, including business dinners and communications.
Although the independent investigation did not uncover further concerns, Brende stated that stepping down was necessary to ensure the Forum’s credibility and allow it to continue its mission without reputational distractions.
Key Highlights
Leadership Change: Børge Brende resigns as WEF President and CEO after nearly nine years in the role.
Epstein Scrutiny: Investigation focused on Brende’s past interactions with Jeffrey Epstein.
Independent Review: No additional findings of concern were reported, but reputational risks remained.
Organizational Stability: Brende emphasized the need for WEF to continue its global agenda without controversy.
Future Direction: The Forum will appoint interim leadership while searching for a permanent successor.
This development underscores the growing importance of transparency and accountability in global institutions, especially those shaping economic and policy discourse.
Sources: Reuters, Al Arabiya, Devdiscourse