James Wolfensohn, KBE, AO is the former president of the World Bank Group, a member of the Council on Foreign Relations, and a current advisor to the Grassroots Business Fund. He also serves the International Paralympic Committee as a member of the Honorary Board. In 2006, Wolfensohn created the Wolfensohn Center for Development at the Brookings Institute. Wolfensohn holds both an LLB from the University of Sydney and his MBA from Harvard Business School, which he completed in 1959.