New Blast at the WEF: Axa CEO Thomas Buberl Leaves the Foundation Council
Thomas Buberl is one of the most successful managers in Europe as CEO of the insurance giant Axa. However, he had an increasingly difficult position on the divided board of trustees of the World Economic Forum.
Thomas Buberl, CEO of French insurance company Axa, has ended his six-year tenure on the Foundation Council of the World Economic Forum (WEF). His departure comes after a dispute over who should succeed current Co-Chairs Larry Fink and André Hoffmann, with some members favouring Christine Lagarde, President of the European Central Bank.
Buberl had been a critical voice against Klaus Schwab, the WEF's founder and long-time leader. The WEF's Foundation Council includes representatives from major companies and governments, such as Joe Kaeser and Mukesh Ambani.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
