James Wolfensohn | |
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President of the World Bank Group | |
In office 1 June 1995 – 1 June 2005 |
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Preceded by | Ernest Stern (Acting) |
Succeeded by | Paul Wolfowitz |
Personal details | |
Born |
Sydney, Australia |
1 December 1933
Education |
University of Sydney (BA, LLB) Harvard University (MBA) |
Signature | |
Website | Official website |
James David Wolfensohn, KBE, AO (born 1 December 1933) is an Australian-American lawyer, investment banker and economist who served as the ninth president of the World Bank Group.
Wolfensohn was born in Sydney, New South Wales, Australia, on 1 December 1933. In his autobiography, A Global Life, he described how monetary insecurity was a fact of life from childhood and explained that he was always looking for a cushion to protect himself from it.
He attended Woollahra Public School, and then Sydney Boys High School. He studied arts (BA) and law (LLB) at the University of Sydney. In 1959 he earned a Master of Business Administration (MBA) from Harvard Business School. In his 2010 memoirs he reveals that he failed several university classes, including English, and was a "late developer".
He was a member of the Australian fencing team at the 1956 Summer Olympics in Melbourne and an officer in the Royal Australian Air Force.
Before attending Harvard, Wolfensohn was a lawyer in the Australian law firm of Allen, Allen & Hemsley in Sydney (now Allens Arthur Robinson). Upon graduating from Harvard Business School, Wolfensohn worked briefly for Swiss cement giant Holderbank (now Holcim).