Klaus Schwab Resigns: Klaus Schwab stepped down as Chairman of the World Economic Forum after five decades, with Peter Brabeck-Letmathe taking over as interim Chair:

Klaus Schwab Resigns: Klaus Schwab stepped down as Chairman of the World Economic Forum after five decades, with Peter Brabeck-Letmathe taking over as interim Chair:

Daily Current Affairs   /   Klaus Schwab Resigns: Klaus Schwab stepped down as Chairman of the World Economic Forum after five decades, with Peter Brabeck-Letmathe taking over as interim Chair:

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Category : Appointment/Resignation Published on: April 26 2025

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  • Klaus Schwab, founder of the World Economic Forum, whose annual gathering of business and political leaders in the Swiss mountain resort of Davos became a symbol of globalisation, has resigned as chair of its trustees.
  • The Geneva-based WEF made the announcement on Monday after revealing earlier this month that the 87-year-old Schwab, who for decades has been the face of the Davos get-together, would be stepping down, without giving a firm timeline.
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