The globalist World Economic Forum (WEF) founder Klaus Schwab has begun to “start the process” of stepping down as chair of its board of trustees, the Geneva-based institution confirmed Thursday.
The German academic said the forum, which convenes its annual gathering of world elites at the Swiss resort of Davos, must recover its “sense of mission” after a period of turmoil.
The Financial Times first reported Schwab’s departure, citing a letter to trustee board members and confirmation by two people with knowledge of the situation. The missive reportedly said in part:
I am deeply convinced that in today’s special context the forum is more important and relevant than ever before.
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It is also financially very well equipped thanks to successful financial management since its beginning.
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