Outgoing World Bank President James Wolfensohn has issued a press statement in response to his appointment as Special Envoy for Gaza Disengagement. Wolfensohn, who is set to leave the Bank in June after ten years at its top post, expressed gratitude for the appointment. "I am deeply honored to have been appointed by the Quartet as Special Envoy for Gaza Disengagement. I believe that there is no more important issue for global peace than an equitable and secure solution to this problem. I look forward to assisting the Israelis and the Palestinians as they strive to reach and implement a peaceful solution that restores hope and confidence to the people of the region," the statement said. The Quartet is composed of U.S. Secretary of State Condoleezza Rice, Russian Foreign Minister Sergei Lavrov, E.U. High Representative for the Common Foreign and Security Policy Javier Solana, and U.N. Secretary-General Kofi Annan.