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Longman Dictionary of Contemporary English
elder statesman
noun
EXAMPLES FROM CORPUS
▪ Durán, projecting the image of elder statesman, was expected to attract votes from the left in the run-off election.
▪ He was knighted in 1949, then slipped easily into the role of cricketing elder statesman.
▪ In his latter years he took little day-to-day interest in racing, but was seen as an elder statesman of the turf.
▪ The installation of the elder statesman Itó Hirobumi as resident 1905-9 marked the significance of the post.
▪ These opportunities included being a member of a sixteenth-century religious order, an elder statesman and a doctor.
Wiktionary
elder statesman

n. a term of respect for a prominent elderly person

WordNet
elder statesman
  1. n. any influential person whose advice is highly respected

  2. an elderly statesman whose advice is sought be government leaders