Wolfensohn

/ ˈwʊlfənˌsəʊn /

noun

1. James D., known as Jim. born 1933, US businessman and international official, born in Australia; president of the International Bank for Reconstruction and Development (the World Bank) (1995–2005); honorary knightood (1995)

Example Sentences

IBM sought Mr. Jordan’s advice when it needed a new chief executive; he set the wheels in motion for James Wolfensohn to be named president of the World Bank; he recommended people for jobs ranging from summer intern to secretary of state.

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Wolfensohn died Wednesday at his home in Manhattan according to the Institute for Advanced Study, where he had been a past chair of the board.

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Wolfensohn, born in Australia, worked on Wall Street for many years before taking over as the head of the World Bank, a loan-offering global development organization, in 1995.

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Along with his three children, Wolfensohn is survived by seven grandchildren.

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Mr. Wolfensohn took over an institution besieged from both sides of the political spectrum.

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