- Former World Bank president James Wolfensohn passed away due to the complications of pneumonia in Manhattan. He was 86. He was the 9th President of the World Bank Group (1995-2005).
- About James David Wolfensohn,
- He was an Australian-American lawyer, investment banker, and economist.
- 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.
- 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.
- He served two terms as President of the World Bank on the nomination of U.S. President Bill Clinton.
Published On : 28 Nov 2020
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