WEF President Borge Brende Resigns Following Epstein Ties Review
Borge Brende has stepped down as President and CEO of the World Economic Forum (WEF), the Geneva-based organization announced on Thursday. This decision comes weeks after the WEF launched an independent review into Brende's past interactions with convicted sex offender Jeffrey Epstein.
Epstein Connections Prompt Leadership Change
The resignation follows disclosures from the U.S. Justice Department revealing that Brende had three business dinners with Epstein and communicated with him via email and text messages. Brende, who has led the WEF since 2017, announced his departure in a formal statement without directly mentioning Epstein.
"After careful consideration, I have decided to step down as President and CEO of the World Economic Forum," Brende stated. "My time here, spanning 8-1/2 years, has been profoundly rewarding. I am grateful for the incredible collaboration with my colleagues, partners, and constituents, and I believe now is the right moment for the Forum to continue its important work without distractions."
Independent Review Concludes With No New Findings
In a separate announcement, WEF co-chairs Andre Hoffmann and Larry Fink revealed that the independent review conducted by outside counsel into Brende's ties with Epstein had concluded. The investigation found no additional concerns beyond what had already been publicly disclosed about their interactions.
The co-chairs confirmed that Alois Zwinggi will serve as interim President and CEO during this transition period. The WEF's Board of Trustees will oversee the leadership change and initiate a comprehensive process to identify a permanent successor for the prestigious role.
Brende's Background and WEF's Global Role
Brende, a former Norwegian foreign minister, has been a prominent figure in international diplomacy and economic policy. His departure marks a significant leadership change for the organization best known for organizing the annual Davos summit, which brings together political leaders, business executives, and influential figures from across the globe.
The World Economic Forum plays a crucial role in shaping global economic policies and fostering international cooperation. The organization's leadership transition comes at a critical time as it prepares for future global economic challenges and continues its mission of improving the state of the world through public-private cooperation.
The resignation underscores the ongoing scrutiny of Epstein's connections with high-profile individuals and institutions years after his conviction and death. The WEF's transparent handling of the situation through an independent review demonstrates the organization's commitment to maintaining ethical standards and public trust in its leadership.
