00:00The head of the World Economic Forum is stepping down.
00:05Bold Brand announced Thursday he's resigning as president and CEO of the group, best known for its annual gathering in
00:11Davos.
00:12The move comes after pressure over his past contacts with convicted sex offender Jeffrey Epstein.
00:19An internal review was launched earlier this month after documents showed Brand and Epstein had dined together and exchanged messages.
00:26Brand said he only met Epstein in professional settings and was unaware of his criminal background.
00:33Alo Suingi will now step in as interim president and CEO.
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