James Wolfensohn
President of the World Bank Group
Died when: 86 years 360 days (1043 months)Star Sign: Sagittarius
Sir James David Wolfensohn KBE, AO (1 December 1933 – 25 November 2020) was an Australian-American lawyer, investment banker, and economist who served as the ninth president of the World Bank Group (1995–2005).
During his tenure at the World Bank, he is credited with the focus on poverty alleviation and a rethink on development financing, earning him recognition as a banker to the world's poor.
In his other roles, he is credited with actions that brought Chrysler Corporation back from the brink of bankruptcy, and also improving the finances of major United States cultural institutions, including Carnegie Hall and the Kennedy Center.
He served two terms as President of the World Bank on the nomination of U.S.President Bill Clinton, and thereafter held various positions with charitable organizations and policy think-tanks including the Brookings Institution.
He was born in Sydney, Australia, and was a graduate of the University of Sydney and Harvard Business School; he was also an Olympic fencer.
He worked for various companies in Britain and the United States before forming his own investment firm.Wolfensohn became an American citizen in 1980 and renounced his Australian citizenship, although he eventually regained it in 2010.
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