There’s another big leadership change in the world of development. Klaus Schwab, father of the World Economic Forum, is stepping down as head of the gathering of global elites after a hefty 53 years. He’s not disappearing completely, mind — he’ll transition to the role of board chair ahead of the next Davos in January 2025. In a statement, WEF said executive leadership would be handed to the president, who is currently former Norwegian foreign minister Børge Brende, and a managing board. Keep reading for more on that.
Coming up: The main event this week is the 77th World Health Assembly and the Devex team has been working hard to create a phenomenal summit on the sidelines, focused on innovation in global health. Join us May 28-29 to hear from Sania Nishtar, the CEO of Gavi, the Vaccine Alliance, who’ll share a stage with Muhammad Ali Pate, the person who was originally lined up for that job before becoming Nigeria’s health minister, as well as many more brilliant speakers. There are also networking opportunities for those of you attending in person, including a special Nightcap for global health leaders and Devex Pro members on May 29.
Also in today’s edition: Artificial intelligence for good, Gates’ new DEI chief, and the woman tasked with making the World Bank more meritocratic.