James D. Wolfensohn became the World Bank Group’s ninth president on June 1, 1995, after a distinguished career as an international investment banker and involvement in global development and environment issues. The Bank’s Board of Executive Directors unanimously endorsed Mr. Wolfensohn’s appointment to second five-year term, which began June 1, 2000. He thus became the third World Bank Group president to be reappointed to a second term of office...
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