Geneva – The World Economic Forum (WEF) has named BlackRock CEO Larry Fink and Swiss entrepreneur André Hoffmann as interim co-chairs, with both leaders vowing to steer the organization into “a new chapter” focused on global collaboration and shared prosperity.
“We are honored to take on this leadership role on an interim basis at a pivotal time for the World Economic Forum,” Fink and Hoffmann said in a joint statement. “As the organization moves into a new chapter, we look ahead with clarity, purpose, and confidence in the Forum’s enduring mission.”
The two leaders emphasized that the WEF remains uniquely positioned to bridge divides among business, government and civil society at a time when, as they put it, “the world is more fragmented and complex than ever.”
“We believe the Forum can serve as a unique catalyst for cooperation, one that fosters trust, identifies shared goals, and turns dialogue into action,” they said.
Since its founding in 1971, the Forum has been a convening ground for global leaders to address issues from trade and climate change to technology and public health. In recent years, its meetings have helped shape initiatives on vaccine distribution, energy transition, and sustainable finance.
The leadership transition comes as the WEF prepares for its next major gathering in Dubai this fall. The meeting is expected to spotlight how the Forum has long fostered dialogue across borders and helped shape responses to global challenges from economic uncertainty to geopolitical tensions.
Fink and Hoffmann struck an optimistic note about the Forum’s role going forward. “The Forum has an opportunity to help drive international collaboration in a way that not only generates prosperity but distributes it more broadly,” they said. “This renewed vision can promote open markets and national priorities side by side, while advancing the interests of workers and stakeholders globally.”
