Larry Fink Takes Helm at World Economic Forum as Interim Co-Chair

BlackRock CEO Larry Fink has been appointed interim co-chair of the World Economic Forum (WEF), alongside André Hoffmann, Vice Chairman of Roche Holding. This appointment follows an internal review of WEF Founder Klaus Schwab, which cleared him of serious wrongdoing but called for enhanced governance. In their joint statement, Fink and Hoffmann emphasized the forum’s crucial role in fostering international cooperation and promoting prosperity. They also acknowledged that the world faces increasing complexity and fragmentation. 🤝 🌎 This leadership change coincides with a period of rapid digital asset development and growing industry influence.