Microsoft Corp. has announced that Co-Founder and Technology Advisor Bill Gates stepped down from the company's Board of Directors to dedicate more time to his philanthropic priorities including global health, development, education, and his increasing engagement in tackling climate change. He will continue to serve as Technology Advisor to CEO Satya Nadella and other leaders in the company.  

On June 27, 2008, Gates transitioned out of a day-to-day role in the company to spend more time on his work at the Bill & Melinda Gates Foundation. He served as Microsoft's chairman of the board until February 4, 2014.

Satya Nadella, Microsoft CEO said, "It's been a tremendous honor and privilege to have worked with and learned from Bill over the years. Bill founded our company with a belief in the democratizing force of software and a passion to solve society's most pressing challenges. And Microsoft and the world are better for it. The board has benefited from Bill's leadership and vision. And Microsoft will continue to benefit from Bill's ongoing technical passion and advice to drive our products and services forward. I am grateful for Bill's friendship and look forward to continuing to work alongside him to realize our mission to empower every person and every organization on the planet to achieve more.”

The Bill & Melinda Gates Foundation which is pretty much active in India as well, works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people's health and giving them the chance to lift themselves out of hunger and extreme poverty.

Gates along with Wellcome and Mastercard recently launched $125 million fund to finance COVID-19 treatments.