President and CEO of the World Economic Forum, Borge Brende, announced on Thursday that he is stepping down, following the launch of an independent investigation into his past association with convicted sex offender Jeffrey Epstein.
The resignation comes just weeks after the forum initiated a probe to examine Brende’s connections with Epstein, raising questions about oversight and ethics at the international body.
In a brief statement, Brende said he had decided to resign, though he did not provide further details regarding the circumstances of the investigation or its findings.
The World Economic Forum, known for hosting the annual Davos summit, had previously confirmed that the independent review was launched to ensure transparency and accountability regarding Brende’s professional dealings and associations.
Officials have yet to announce a successor or the timeline for appointing a new CEO. The development has drawn international attention, given the forum’s prominence in global economic and political discussions.
Boluwatife Enome