Columbia President Minouche Shafik steps down | CNN Business

CNN  — 

Columbia University President Minouche Shafik is stepping down months after protests over the Israel-Hamas war gripped the campus, Shafik announced in a letter sent Wednesday to the Columbia community.

Shafik — an Egyptian-born economist and former high-ranking official at the World Bank, International Monetary Fund and Bank of England, and former president of the London School of Economics — has faced pressure for her handling of Columbia campus encampments protesting the war between Israel and Hamas.

Shafik in her letter cited progress during her tenure but said it has “also been a period

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