Geneva, Switzerland, Aug 22 : The Foundation Board of the World Economic Forum has elected Angel Gurria, Secretary-General, Organisation for Economic Co-operation and Development (OECD) and Donald Kaberuka, President, African Development Bank (AfDB) to serve as Board members.
Gurria and Kaberuka reinforce the multistakeholder concept of the Forum to integrate leaders from politics, business and civil society into the process to shape global, regional and industry agendas.

The Foundation Board is the formal custodian of the World Economic Forum's mission and values.

Klaus Schwab, Chairman of the Board, stressed the importance of having the heads of international and regional organizations on the Foundation Board by saying "The Forum's evolution over the past four decades has put it at the centre of multistakeholder dialogue and cooperation. Its contribution to the global public interest and its relationship with the intergovernmental community continues to grow. Therefore it is essential to have on the Board leaders drawn from all walks of life."

Donald Kaberuka said,"The World Economic Forum has proven to be an invaluable partner for African countries aspiring to better education, infrastructure and governance. I'm therefore very proud to be part of this platform for fruitful dialogue and global exchange that will surely help African politicians, entrepreneurs and civil society as a whole to move forward on its path of development."

Angel Gurria said,"The OECD and the World Economic Forum have a long-standing partnership and regularly share experiences on evidence-based policy options to address challenges that shape our global reality and impact national strategies. The Forum successfully brings together a large array of stakeholders from the private and public sector and civil society, to promote greater cooperation."

"Through these exchanges we can better understand what people need and aspire to, and improve their economic and social well-being by designing better policies for better lives. I am pleased to join the World Economic Forum's Foundation Board, and I look forward to sharing the OECD's analytical and consensus-building expertise," Gurria said.

The Foundation Board also thanked Kofi Annan, Maurice Levy, Peter Sutherland and Ben Verwaayen for their service, as their terms end.

(Posted on 23 August 2013, 1670010968 18O207O136O189)