GENEVA, April 21 (Xinhua) -- Klaus Schwab, founder of the World Economic Forum (WEF), has announced his resignation as chair of the WEF Board of Trustees, the WEF said in a statement on Monday.
According to the statement, Schwab has informed the board: "Following my recent announcement, and as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect." ■