James Wolfensohn

James Wolfensohn was an influential Australian-American banker and philanthropist, known for his role as the President of the World Bank from 1995 to 2005. He focused on combating global poverty and promoting sustainable development. Under his leadership, the World Bank emphasized the importance of education, health, and infrastructure in development efforts. Wolfensohn was recognized for his innovative approaches to combining economic growth with social equity, and he advocated for greater involvement of civil society in development processes. His tenure marked a significant shift in how international aid and development were approached, with a focus on results and accountability.