Buddhist artist engaging a wool producer reportedly (5,4)

I believe the answer is:

dalai lama

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'buddhist' is the definition.
The definition and answer can be both people as well as being singular nouns.
Perhaps you can see a link between them that I can't see?

I can't explain the rest of the clue.

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(Other definitions for dalai lama that I've seen before include "Spiritual leader of Tibetans" , "Tibetan religious leader" , "Chief Tibetan priest" , "Tibetan exile" , "eastern leader" .)

I've seen this clue in The Independent.

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