CEO of World Economic Forum Borge Brende quits after Epstein ties scrutinised

Borge Brende, the CEO of the World Economic Forum (WEF), has resigned amid increasing scrutiny over his connections to Jeffrey Epstein, the convicted sex offender. The announcement was made by the WEF’s co-chairs, who stated that Alois Zwinggi, currently the forum's Managing Director, will step in as interim president and CEO. The Board of Trustees will manage the transition and initiate a search for Brende's permanent successor. The decision comes at a time when global organizations are under intense pressure to maintain ethical standards and transparency in leadership. Brende's departure marks a significant shift for the WEF, which is known for its influential role in shaping global economic policies and fostering public-private cooperation. As the forum navigates this leadership change, it faces the challenge of upholding its reputation and addressing concerns raised by stakeholders regarding governance and accountability in light of recent revelations. The WEF's Board is expected to expedite the process of selecting a new leader who can effectively carry forward its mission while restoring trust among its global partners.