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Jim Hagemann Snabe to Join Foundation Board, World Economic Forum

Adrian Monck, Managing Director, Head of Public Engagement: +41 (0)79 615 1671; adrian.monck@weforum.org

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  • Jim Hagemann Snabe to join World Economic Forum Foundation Board and chair the Forum’s Centre for Global Industries
  • Foundation Board serves as guardian of Forum mission and values
  • For more information about the World Economic Forum, see www.weforum.org

Geneva, Switzerland,  9 April 2014 - Jim Hagemann Snabe, the outgoing Co-Chief Executive Officer of SAP, Germany, will be nominated to the Foundation Board of the World Economic Forum on the occasion of its next meeting in August.  

Jim Hagemann Snabe will also chair the World Economic Forum’s Centre for Global Industries, the foremost global multistakeholder platform to shape global and regional industry agendas. The Centre for Global Industries, with offices in Geneva and New York, comprises more than 20 industry sectors and employs around 200 strategic specialists. 

“With the addition of Jim Hagemann Snabe, the World Economic Forum will significantly increase its role as a trusted partner of governments, businesses and NGOs to develop global industrial strategies. This will help to transform the substantial technological and scientific changes into benefits for humankind,” said Klaus Schwab, Executive Chairman and Founder of the World Economic Forum.

The World Economic Forum is governed by its Foundation Board. The Foundation Board is the guardian of the Forum’s mission and values. It is responsible for inspiring business and public confidence in the Forum through an exemplary standard of governance.  Individuals with unique leadership experience – from business, politics, academia and civil society – participate for three years term in the Board's activities. The Board’s role includes: managing the statutes of the World Economic Forum and its institutions; appointing new members; reviewing fund applications; determining and monitoring the execution of the World Economic Forum’s strategies; and defining the roles of the Managing Board and committees, including the review of strategies and activities in light of the Forum’s mission.

The Members of the Foundation Board of the World Economic Forum are:

Klaus SCHWAB*: Chairman of the Foundation Board
Josef ACKERMANN*: Vice-Chairman of the Foundation Board of the World Economic Forum
Patrick AEBISCHER: President, Swiss Federal Institute of Technology of Lausanne, Switzerland
H.M. Queen Rania AL ABDULLAH: Hashemite Kingdom of Jordan
Mukesh AMBANI: Chairman and Managing Director, Reliance Industries, India
Peter BRABECK-LETMATHE*: Chairman of the Board, Nestlé, Switzerland
Mark CARNEY: Chairman, Financial Stability Board; Governor of the Bank of England
Victor CHU*: Chairman and Chief Executive Officer, First Eastern Investment Group, Hong Kong SAR
Orit GADIESH**: Chairman, Bain & Company, USA
Carlos GHOSN**: Chairman and Chief Executive Officer, Renault-Nissan Alliance (France and Japan), France
Herman GREF: Chairman of the Board and Chief Executive Officer, Sberbank, Russia
Angel  GURRÍA: Secretary-General, Organisation for Economic Co-operation and Development (OECD), Paris
Donald KABERUKA: President, African Development Bank, Tunis
Christine LAGARDE: Managing Director, International Monetary Fund, Washington DC
Luis MORENO: President, Inter-American Development Bank, Washington DC
Indra NOOYI: Chairman and Chief Executive Officer, PepsiCo, USA
Peter SANDS**: Group Chief Executive, Standard Chartered, United Kingdom
Joseph SCHOENDORF*: Venture Partner, Accel Partners, USA
Heizo TAKENAKA**: Director, Global Security Research Institute, Keio University, Japan; Minister of State for Economic and Fiscal Policy of Japan (2002-2006)
George YEO YONG-BOON: Visiting Scholar, Lee Kuan Yew School of Public Policy; Minister of Foreign Affairs of Singapore (2004 – 2011)
Min ZHU: Deputy Managing Director, International Monetary Fund, Washington DC
Ernesto Zedillo PONCE DE LEON: Director, Yale Center for the Study of Globalization, Yale University, USA; President of Mexico (1994-2000)

Notes to Editors

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The World Economic Forum is an international institution committed to improving the state of the world through public-private cooperation in the spirit of global citizenship. It engages with business, political, academic and other leaders of society to shape global, regional and industry agendas.

Incorporated as a not-for-profit foundation in 1971 and headquartered in Geneva, Switzerland, the Forum is independent, impartial and not tied to any interests. It cooperates closely with all leading international organizations (www.weforum.org).


The World Economic Forum is an international institution committed to improving the state of the world through public-private cooperation in the spirit of global citizenship. It engages with business, political, academic and other leaders of society to shape global, regional and industry agendas.

Incorporated as a not-for-profit foundation in 1971 and headquartered in Geneva, Switzerland, the Forum is independent, impartial and not tied to any interests. It cooperates closely with all leading international organizations (www.weforum.org).