Former Harvard president Larry Summers has apologised and says he will be stepping back from public life after his email exchanges with the disgraced financier and convicted sex offender Jeffrey Epstein were made public.

“I am deeply ashamed of my actions and recognise the pain they have caused. I take full responsibility for my misguided decision to continue communicating with Mr. Epstein,” Summers said in a statement published by CBS News on Monday.

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“While continuing to fulfil my teaching obligations, I will be stepping back from public commitments as one part of my broader effort to rebuild trust and repair relationships with the people closest to me,” he said.

The emails were among the 20,000 pages of documents obtained from Epstein’s estate and released last week by the United States House Committee on Oversight amid ongoing questions about the ex-financier’s relationship with President Donald Trump.

Epstein died by suicide in August 2019 while awaiting trial on sex trafficking charges. He was previously convicted in 2008 for soliciting prostitution and soliciting prostitution from a minor, but he served a light 13-month sentence. Before his downfall in 2019, Epstein was in constant contact with world leaders, celebrities, and high-profile figures like Summers.

The emails between Epstein and Summers span from at least 2017 to 2019 and cover a range of topics, including US foreign policy to Trump’s first presidency, as well as personal matters.

In one email from 2017, Summers advises Epstein that his “pal”, billionaire Thomas Barrack Jr, should stay out of the press following a Washington Post story about Barrack Jr’s relationship with both Trump and political lobbyist Paul Manafort.

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“Public link to manafort will be a disaster,” he wrote. “This is a staggering [expletive] show.”

In another December 2018 email, Summers asks Epstein for help securing an invitation to the World Economic Forum in Davos, Switzerland, which Epstein appears to turn down.

Summers previously served as Treasury secretary under President Bill Clinton and as an adviser to President Barack Obama. He also served as the president of Harvard from 2001 to 2006, when he was forced to resign over remarks suggesting that women were less adept at maths and science than men due to biological differences.

His recent posts include board member at OpenAI and distinguished senior fellow at the Centre for American Progress, according to NBC News. He remained a tenured professor at Harvard after stepping down.

In his emails with Epstein, Summers appears to have held on to his beliefs about women more than 10 years later. In one October 2017 email to Epstein about an event that included “lots of slathering to Saudis”, he wrote that he “yipped about inclusion”.

“I observed that half the IQ in world was possessed by women without mentioning they are more than 51 percent of the population …,” he wrote in the email to Epstein.

In another email the same month, written at the height of the #MeToo movement, Summers appeared disenchanted with the wave of resignations over sexual and personal misconduct by US public figures.

“I’m trying to figure why American elite think if u murder your baby by beating and abandonment it must be irrelevant to your admission to Harvard, but hit on a few women 10 years ago and can’t work at a network or think tank,” he said in the email to Epstein.

In another email exchange between late November and early December 2018, he and Epstein discuss his relationship with a female colleague at length and how Summers – who was then in his mid-60s – should handle the situation.

“Think for now I’m going nowhere with her except economics mentor. I think I’m right now in the seen very warmly in rearview mirror category. She did not want to have a drink cuz she was ‘tired.’ I left the hotel lobby somewhat abruptly. When I’m reflective, I think I’m dodging a bullet,” Summers wrote to Epstein.

“Smart. Assertive and clear. Gorgeous. I’m [ expletive],” Summers wrote in a follow-up email describing the woman, before later concluding a “cooling off” period was needed.