22 Jan 2016

Fon Mathuros, Head of Media, Public Engagement, Tel.: +41 (0)79 201 0211; Email: fma@weforum.org

Geneva, Switzerland, 22 January 2016 – The World Economic Forum, the international organization for public-private cooperation, today announced that Fadi Chehadé, outgoing President and Chief Executive Officer of the Internet Corporation for Assigned Names and Numbers (ICANN), will join as senior advisor to the Executive Chairman.

As the driving force behind the Fourth Industrial Revolution, the Internet is a catalyst for economic progress and social development. The Forum’s Future of the Internet initiative aims to help strengthen trust in the digital world and to expand concrete cooperation on global challenges and opportunities.

“I am grateful for the opportunity to contribute to the World Economic Forum’s work, advising the Global Challenge Initiative on the Future of the Internet,” said Fadi Chehadé. “I am deeply committed to doing everything I can to help ensure a trusted digital world, advancing global economic development and social progress for all. The Forum is uniquely positioned as an enabling platform to coalesce public, private and civic leaders and experts to form networks addressing the many economic and societal issues requiring global cooperation.”

“The Internet is a catalyst for the deep transformation of the global economy and society,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. “The Forum’s work in this area will greatly benefit from Fadi Chehadé’s vision, counsel and drive in its efforts to advance progress through multistakeholder cooperation on some of the practical economic, social and security issues facing the international community.”

The Future of the Internet Initiative seeks to help shape the Internet as the trusted driver of human progress, safeguarding its open, globally integrated, highly distributed, and multistakeholder nature. Focused on enabling networks of multistakeholder cooperation, it will actively address economic and societal topics including digital trade, cybercrime and policies facilitating access for all.

Before joining ICANN as its President and CEO in late 2012, Fadi Chehadé served as IBM’s General Manager for technology services in the MENA region. He also built several successful cloud-based companies in California. He will take up his appointment on 1 April 2016.

All opinions expressed are those of the author. The World Economic Forum Blog is an independent and neutral platform dedicated to generating debate around the key topics that shape global, regional and industry agendas.