School of Advanced International Studies
Jessica P. Einhorn, a former managing director of the World Bank, has been appointed dean of the Paul H. Nitze School of Advanced International Studies of The Johns Hopkins University.
Einhorn (pictured at right), who earned a master's degree in international affairs from SAIS in 1970, will be the first graduate of the 59-year-old school to return as dean. She succeeds Paul Wolfowitz, who resigned in February 2001 to become deputy secretary of defense in the Bush administration. She begins work at Johns Hopkins June 1.
"I had a terrific educational and personal experience as a student at SAIS from 1968 to 1970," Einhorn said. "I am excited and honored to have the chance to return as dean at this time of great international challenge to the United States."
Einhorn worked for 19 years at the World Bank, which lends money to developing countries and provides assistance designed to raise living standards, assist the world's poorest populations and eliminate the worst effects of poverty. Einhorn rose through a number of positions at the bank to become vice president and treasurer in 1992. In 1996, she was promoted to managing director, serving directly under World Bank President James D. Wolfensohn. In that position, she was credited with creating a strong team and governance structure, and helping to modernize the bank's financial policies, loan products and systems.
Einhorn is known internationally for her influence on the development of modern global capital markets, including key roles in the first currency swap operation, in the development of the global bond and in risk management of derivatives. She spent her last year at the World Bank, from 1998 to 1999, as a visiting fellow at the International Monetary Fund, studying issues involving the international financial system, including the nature of financial crises.
"Jessica has both a strong academic perspective on public policy and a profound practical grasp of international finance, a combination particularly relevant to SAIS's mission and its unique strengths," said William R. Brody, president of Johns Hopkins. "She brings a broad range of skills, experience and contacts, both domestic and international, that will serve her well as she seeks to build on the success that SAIS enjoyed under Paul Wolfowitz."
Since she left the World Bank, Einhorn has worked in the Washington office of Clark & Weinstock, a consulting firm. She is also a trustee of the Rockefeller Brothers Fund and a director of the Council on Foreign Relations, the Institute for International Economics and the Center for Global Development. She is a former trustee of the German Marshall Fund. She is a director of Pitney Bowes Inc. and Bankers Trust and chairs the International Advisory Board of J.E. Robert Cos.
Earlier in her career, she worked at the U.S. Treasury and State departments and in the International Development Cooperation Agency of the United States.
In addition to her SAIS degree, she earned a bachelor's degree from Barnard College in 1967 and a doctorate in politics from Princeton University in 1974. Her dissertation was published as a book, Expropriation Politics.
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