The President and CEO of the World Economic Forum (WEF), Borge Brende, has resigned after an independent review examined his past contacts with the late financier Jeffrey Epstein.
The WEF initiated the review following the release of additional Epstein-related files by the US Department of Justice. Brende acknowledged that he had dined with Epstein on three occasions between 2018 and 2019 and had communicated with him via email and text. However, he stated he was “completely unaware” of Epstein’s prior criminal activity at the time.
In a statement, the WEF said the independent review found “no additional concerns beyond what has been previously disclosed.”
Brende, a former Norwegian foreign minister, has expressed regret for not having investigated Epstein more thoroughly before engaging with him.
Announcing his decision on Thursday, Brende said he was stepping down after more than eight years in the role following “careful consideration.”
“I believe now is the right moment for the Forum to continue its important work without distractions,” he said.
Epstein was convicted in 2008 for soliciting prostitution from a minor and was required to register as a sex offender. Being named in the released files does not imply criminal wrongdoing, and Brende has not been accused of any offence.
WEF co-chairs Andre Hoffmann and Larry Fink thanked Brende for his “significant contributions” and said they respected his decision to step aside.
The World Economic Forum, best known for its annual meeting in Davos, Switzerland, brings together political, business and global leaders from around the world.
The WEF announced that Alois Zwinggi, previously a managing director on its executive body, will serve as interim president and CEO while the board of trustees begins the process of appointing a permanent successor.
The latest release of Epstein-related files has led to renewed scrutiny of numerous public figures globally. The documents include emails, images and investigative materials connected to US probes into Epstein, who died in 2019 while awaiting trial on sex trafficking charges.
In Norway, several public figures have also faced attention over past associations with Epstein, although inclusion in the files does not indicate criminal liability.