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World Economic Forum Announces New Board Of Trustees

Date 25/08/2016

  • Ursula von der Leyen, L. Rafael Reif and Yo-Yo Ma join the World Economic Forum Board of Trustees
  • The Board of Trustees serves as the guardian of the World Economic Forum’s mission and values

The Board of Trustees of the World Economic Forum yesterday elected German Ursula von der Leyen, Federal Minister of Defence of Germany, Venezuelan-born American L. Rafael Reif, President of Massachusetts Institute of Technology (MIT) and American CellistYo-Yo Ma, Cellist, as its new members. Their diverse backgrounds are a reflection of the multistakeholder governance approach to which the World Economic Forum is committed.

The Board of Trustees is the highest-level governance body of the World Economic Forum, the recognized international organization for public private cooperation.
 
Ursula von der Leyen brings extensive knowledge in public health and in politics. She is a doctor by profession and has held various key ministerial positions in Germany since 2005, including Minister of Family Affairs, Senior Citizens, Women and Youth, and Minister of Labour and Social Affairs. She is the Federal Minister of Defence and the first woman in German history to hold this position.
 
L. Rafael Reif, is a Venezuelan-born electrical engineer who serves as MIT’s 17th President. He leads a cutting-edge agenda to advance discovery science, stimulate innovation and entrepreneurship, reshape higher education and focus the talents of the MIT community on making a better world. He brings to the board a strategic vision and practical track record that demonstrate how the research university can fuel the global economy and improve lives everywhere.
 
Yo-Yo Ma, an American cellist born in France to Chinese parents, brings a cultural perspective to the board. In a career that spans five decades, he has worked with a wide circle of collaborators, exploring cultures and musical forms both inside and outside the Western classical tradition. Much of his work focuses on the transformative power of music and art on individuals’ lives and society as a whole. He is a United Nations Messenger of Peace and the Founder and Artistic Director of Silkroad, a non-profit organization that seeks to create meaningful change at the intersections of the arts, education and business. He received the World Economic Forum’s Crystal Award in 2008. 
 
“The Board of Trustees now comprises an optimal combination of academic, business, cultural and political expertise. In a world which is becoming more multipolar and more multidimensional this will ensure the World Economic Forum’s relevance in shaping global, regional and industry agendas,” saidKlaus Schwab, Founder and Executive Chairman of the World Economic Forum.
 

As of 25 August 2016, the members of the Board of Trustees of the World Economic Forum are:

Klaus SCHWAB* 
– Chairman of the Board of Trustees, World Economic Forum
Peter BRABECK-LETMATHE* 
– Vice-Chairman, Board of Trustees, World Economic Forum; Chairman of the Board, Nestlé SA, Switzerland
H.M. Queen Rania AL ABDULLAH of the Hashemite Kingdom of Jordan
Mukesh AMBANI 
 Chairman and Managing Director, Reliance Industries, India
Marc BENIOFF 
– Chairman and Chief Executive Officer, Salesforce, USA
Mark CARNEY 
– Chairman, Financial Stability Board; Governor of the Bank of England
Orit GADIESH** 
– Chairman, Bain & Company, USA
Al GORE 
– Vice-President of the United States (1993-2001); Chairman and Co-Founder, Generation Investment Management, USA
Herman GREF 
– Chairman of the Board and Chief Executive Officer, Sberbank, Russian Federation
Angel GURRÍA 
– Secretary-General, Organisation for Economic Co-operation and Development (OECD), Paris
Jim Yong KIM 
– President, The World Bank, Washington DC
Klaus KLEINFELD** 
– Chairman and Chief Executive, Alcoa Inc., USA
Christine LAGARDE 
– Managing Director, International Monetary Fund, Washington DC
Ursula von der LEYEN 
– Federal Minister of Defence of Germany
Jack MA 
– Executive Chairman, Alibaba Group, People’s Republic of China
Yo-Yo MA 
– Musician
Peter MAURER 
– President, International Committee of the Red Cross (ICRC), Switzerland
Luis MORENO** 
– President, Inter-American Development Bank, Washington DC
Indra NOOYI* 
– Chairman and Chief Executive Officer, PepsiCo, USA
L. Rafael REIF 
– President of Massachusetts Institute of Technology (MIT), USA
Joe SCHOENDORF 
– Venture Partner, Accel Partners, USA
Jim Hagemann SNABE 
– Member of the Board, SAP AG, Siemens AG, Allianz SE, Germany
Heizo TAKENAKA** 
– Minister of State for Economic and Fiscal Policy of Japan (2002-2006)
George YEO 
– Chancellor, Nalanda University; Minister of Foreign Affairs of Singapore (2004-2011)
Min ZHU* 
– Deputy Managing Director, International Monetary Fund (2011-2016)
 
*Member of the Governing Board
**Member of the Audit & Risk Committee