US President-elect Joe Biden is set to announce
Nigerian-born Adewale Adeyemo as deputy secretary of the treasury department.
Adeyemo, appointed as the president of the Obama Foundation
in 2019, will work with Janet Yellen, nominee for the position of treasury
secretary, according to The Wall Street Journal.
The Nigerian-American had served in the administration of
former president Obama as deputy national security adviser (NSA) for
international economics.
He is reputed to have helped the US combat the global economic recession of 2008.
Biden’s economic team are mostly people who had served in
the administration of Obama.
They reportedly played key roles in tackling the financial
crisis that hit the US under the Obama presidency.
Adeyemo has held several management positions at the US
department of the treasury, including senior adviser and deputy chief of staff
— a position he held for about three years.
He is currently on the boards of Golden State Opportunity
Foundation and Aspen Strategy Group, among others.
He was an editor for the Hamilton Project at the Brookings
Institution from 2008 to 2009.
Adeyemo is a graduate of the University of California,
Berkeley and Yale Law School. While at Yale, he was the co-director, project on
law and education for the university.
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