FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the media after the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, April 17, 2025.  REUTERS/Kai Pfaffenbach/File Photo
Germany

Lagarde seen as top candidate to lead WEF after Schwab

The World Economic Forum still sees European Central Bank President Christine Lagarde as the top candidate to replace its founder Klaus Schwab as the WEF leader, Bloomberg News reported on Thursday.

(Reuters) -The World Economic Forum still sees European Central Bank President Christine Lagarde as the top candidate to replace its founder Klaus Schwab as the WEF leader, Bloomberg News reported on Thursday.

Schwab abruptly stepped down as chair of the WEF board of trustees last month as the organization launched an investigation into him following a whistleblower letter alleging misconduct by the former chairman.

(Reporting by Kanjyik Ghosh in Bengaluru;)

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