WEF Seeks Lagarde as Chair Amid Tensions Over Founder's Role

The World Economic Forum (WEF) is still pursuing European Central Bank head Christine Lagarde to take over as its next chair, despite some lingering issues. A meeting of the WEF's board this week discussed the matter, with people familiar with the issue stating that Lagarde appears ready to accept the role.

However, there is one condition: she wants to ensure that tensions between the WEF and its founder Klaus Schwab have been fully resolved. This has been a point of contention in the past, but it seems that progress has been made.