Via IMF (Den Internationale Valutafond)

IMF Managing Director Kristalina Georgieva Statement on James D. Wolfensohn

November 25, 2020

Washington, DC – November 25, 2020:
It is with profound sadness that I learned of the passing of my dear
friend, mentor, and former boss Jim Wolfensohn. He was a hero to me as he
was to so many, and particularly the world’s most vulnerable.

His lifelong commitment was, as he put it, to fight poverty with passion
and professionalism—and as head of the World Bank Group–he put all his
prodigious talent and energy to turn that commitment into action. His
achievements are legendary, as is his legacy: from mobilizing historic debt
relief for the poorest countries to fighting what he described as the
‘cancer of corruption’; from getting more girls into school to leading
major efforts to combat HIV/AIDS; from promoting environmental
sustainability to rallying the international community to help the victims
of a devastating tsunami.

To put it simply, Jim transformed the world of development and he
transformed the World Bank. In the process, he became, quite literally, the
voice for the poor people on our planet.

On behalf of the IMF and its staff, I wish to express our deepest
condolences to Jim’s family and friends. He was a brilliant financier, a
generous philanthropist and, above all, a great humanitarian who always put
people first. May his bright light forever show us the way.

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Kristalina Georgieva

IMF Communications Department

PRESS OFFICER: Keiko Utsunomiya

Phone: +1 202 623-7100Email:


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