Ronald Lauder.

Philanthropist and media mogul Ronald Lauder has been re-elected as president of the World Jewish Congress (WJC) and will serve another four-year term, the WJC announced during its 14th Plenary Assembly in Budapest, Hungary on Tuesday.

In addition to serving as WJC president since 2007, Lauder has been active in the Conference of Presidents of Major American Jewish Organizations, the American Jewish Joint Distribution Committee, the Anti-Defamation League, the Jewish National Fund, and other Jewish organizations. Lauder, who served as the U.S. Ambassador to Austria from 1986 to 1987, also owns Israel’s Channel 10 television station and is the son of cosmetics giant Estée Lauder.

“I see this as the top assignment for the Jewish people and I am excited to serve as President of the World Jewish Congress for another four years,” Lauder said in a statement.

The WJC also elected Chella Safra of Brazil for the position of treasurer, David de Rothschild of France as chairman of the governing board, European Jewish Congress President Moshe Kantor as policy council chairman, and Mervyn Smith of South Africa as policy council co-chair.