Wed, May 21, 2008 - Page 1 News List

Wolfowitz takes helm of US-Taiwan Business Council


Former World Bank president Paul Wolfowitz became chairman of the board of the US-Taiwan Business Council on Monday, the nonprofit bilateral organization said.

Wolfowitz succeeds William Brock as head of the council, created in 1976 to foster business and trade ties between the US and Taiwan.

He has a history of public service and international scholarship and “has long been an articulate supporter of Taiwan’s vibrant democracy,” the council said.

“I have seen firsthand the important role that the US-Taiwan Business Council plays in bilateral relations, and I am honored to join its distinguished board as chairman,” Wolfowitz said.

Wolfowitz is currently a visiting scholar in foreign and defense policy studies at the American Enterprise Institute, a think tank in Washington.

He was forced to resign the top World Bank job last June after an internal probe found he violated rules by arranging a lucrative pay-and-promotion package for his girlfriend, a bank employee.

Before joining the bank, Wolfowitz served as US President George W. Bush’s deputy defense secretary and was a proponent of the 2003 US-led invasion of Iraq.

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