George Soros' Open Society Foundations name new president after years of layoffs and transition
George Soros’ Open Society Foundations announced a leadership change Monday with its president Mark Malloch-Brown stepping down
NEW YORK (AP) — George Soros' Open Society Foundations announced a leadership change Monday with its president Mark Malloch-Brown stepping down, set to be replaced by a senior leader, Binaifer Nowrojee.
Soros, the billionaire investor, said in a statement that when he started the foundations decades ago, he hoped its work would be global in scope.
“At the outset, that was merely an aspiration. But now I feel that this ambition has been fulfilled" with Nowrojee's appointment as president, Soros said.
Most recently, Nowrojee was OSF's vice president of programs and part of a small senior leadership team overseeing a large transition that kicked off last summer when the foundations announced that Alex Soros, one of George Soros' sons, had taken over as chair of its board.
