James Wolfensohn served as President of the World Bank from 1995 to 2005. As President of the World Bank, he led successfully initiatives on debt reduction, environmental sustainability, anti corruption programs, and AIDS prevention and treatment. After leaving the World Bank, he assumed the post of special envoy for Gaza disengagement for the Quartet on the Middle East, a position he served until April 2006. Before joining the World Bank Wolfensohn held a series of senior positions in finance. He was executive partner of Salomon Brothers in New York and head of its investment banking department, executive deputy chairman and managing director of Schroders Ltd. in London, president of J. Henry Schroders Banking Corporation in New York and managing director of Darling & Co. of Australia. He is currently chairman of Wolfensohn & Company LLC, a private investment firm, and an advisor to corporations and government.