Adewale Adeyemo, a
Nigerian-American economic expert, has been appointed president of the Obama
Foundation.
Adeyemo had served in the
administration of former president Obama as deputy national security adviser
(NSA) for international economics and he is reputed to have helped the US
combat the global economic recession of 2008.
According to the foundation,
Adeyemo will lead ‘’the implementation of the organisation’s strategic plan and
managing its organisational structures and functions’’.
“Wally is the ideal person to
help lead the foundation team as we continue to grow the impact of our global
civic engagement programs and advance the Obama Presidential Centre,” Martin
Nesbitt, chairman of the foundation’s board, said in a statement.
“Given his executive experience
in both the public and private sectors and previous service with President
Obama, Wally is well positioned to help us continue to translate our sky-high
ambitions into operational reality through daily leadership of our talented
staff.”
Adeyemo helped in the
establishment of the US Consumer Financial Protection Bureau, and he was
described as the ”point person” on a
range of international economic issues, including negotiations on strong
currency agreements around the trans-pacific partnership, by Obama.
The 39-year-old graduated from
the University of California, Berkeley, with a bachelor’s of arts, before
moving to Yale Law School, where he bagged his Juris Doctor (JD) for further
studies in specialised law. While at Yale, he was the co-director, project on
law and education for the university.
Adeyemo is the first-ever
president of the foundation.
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