Borge Brende was foreign minister of Norway before leading the group behind the annual Davos summit

The head of the World Economic Forum has stepped down following an investigation into his ties to the late paedophile financier Jeffrey Epstein.

Borge Brende, the president and CEO of the Geneva-based advocacy group, said on Thursday that he was resigning from the role, as an independent investigation into his ties to Epstein concluded.

Mr Brende, who previously held senior roles in Norway’s government, made no mention of Epstein in his resignation statement.