James Wolfensohn, who led World Bank through tumultuous decade, dies at 86

A Sydney boy who interned at Allens, James Wolfensohn, climbed the world of New York high finance, then remade the World Bank, during a decade as its president. He has died in New York at 86.

Howard Schneider

Nov 26, 2020 – 6.57am

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James Wolfensohn, the Australian-born investment banker who helped right the finances of major US cultural institutions, including Carnegie Hall and the Kennedy Centre, then focused a life's experience in politics and finance on remaking the World Bank during a tumultuous decade as its president, died November 24 at 86.

The Institute for Advanced Study, a theoretical research institute in Princeton, New Jersey, where Wolfensohn was a past board chairman, announced the death. No further details were immediately available.

Washington Post