WEF Appoints BlackRock CEO Larry Fink and Roche Holding's Vice-Chair Andre Hoffmann As Interim Co-Chairs Of Its Board

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Christina Comben
Aug. 17, 2025


The World Economic Forum (WEF), the influential global convening force for policymakers and industry leaders, has appointed BlackRock CEO Larry Fink as interim co-chair. The move comes hot on the heels of a high-profile internal review that cleared WEF founder Klaus Schwab of wrongdoing and set the stage for a temporary leadership overhaul as the organization recalibrates its governance model.

With trillions in assets under management, BlackRock commands outsized influence across financial markets, ESG policy, and the investment strategies of governments and corporations. Fink’s interim appointment is a strategic move that could accelerate the institutional adoption of digital assets like Bitcoin within global policy forums and mainstream financial infrastructure.


Larry Fink and a new era of financial influence​

Fink’s appointment comes at a time when questions around institutional trust, sustainability, and cross-border cooperation are more acute than ever. Under Fink’s guidance, BlackRock has been a pioneer of environmental, social, and governance (ESG) investing, pushing for a more climate-resilient global economy; a priority that has increasingly permeated WEF dialogues in Davos and beyond.


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