World Economic Forum Foundation Board elects Mukesh D. Ambani, Ben J. Verwaayen and Zhu Min
Geneva, Switzerland, 26 August 2010 – The Foundation Board of the World Economic Forum has elected Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries, India; Ben J. Verwaayen, Chief Executive Officer, Alcatel-Lucent, France; and Zhu Min, Special Adviser, International Monetary Fund (IMF), Washington DC, and a former Deputy Governor, People’s Bank of China, People’s Republic of China, to the board.
Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, said, “We are honoured to have three distinguished new Members of the Foundation Board. Mukesh Ambani will bring an extraordinary level of business acumen and his commitment to the ideals of the Forum. He has played a key role, especially related to the integration of India into all our activities. Ben Verwaayen has been a committed Member of the Forum for many years. His insightfulness and energy will be invaluable to the board. Zhu Min’s experiences at the highest level of government and the financial sector will be similarly a great asset.”
The Foundation Board is composed of leaders from business, politics, academia and civil society who strongly identify themselves with the Forum’s mission to improve the state of the world and who make a valuable contribution to this mission through their involvement.
As of Thursday 26 August, after its meeting, the Members of the board will be as follows: Foundation Board
In addition, Peter Freire will be joining the Forum as Managing Director, heading the Forum’s new Global Agenda Partnership. Lord Malloch-Brown will be leaving the Forum after a successful year as Vice-Chairman and Senior Adviser of the Forum’s Global Redesign Initiative.