Tony Blair potentially taking over from Klaus Schwab at World Economic Forum

A WEF spokesperson said: “The board of trustees decides any future institutional leadership appointments. The forum has a strong institutional governance structure in place to ensure its continued ability to fully support its mission.”

Former UK prime minister Tony Blair is one of the leading international figures who has been linked with the role.

The group of past and current WEF employees questioned the ability of the organisation to function without Schwab at the helm.