By Ebimo Amungo
President-elect Joe Biden named key members of his economic team on Monday, and among them is Nigerian-born Adewale “Wally” Adeyemo who was announced as Deputy Treasury Secretary. Janet Yellen was nominated as treasury secretary along with three other women in top roles on a diverse team that will help him navigate the nation’s punishing fiscal headwinds in hopes of building an economic recovery
Adewale “Wally” Adeyemo is president of the Obama Foundation in Chicago If confirmed, he would be the first Black deputy Treasury Secretary. Adeyemo served on the National Economic Council of the Obama administration and last fall was named as the first president of the Obama Foundation.
- Richelieu and Mary Dennis | Meet the Liberian mother and son team who founded one of the largest black-owned cosmetic firms in America
- Nawal Denard | Ghanaian Immigrant entrepreneur draws on business support systems to brighten Detroit’s wardrobe
- Interview with Léonce Ndikumana | The Burundian professor of economics at the University of Massachusetts
- Charles Rotimi | The NIH epidemiologist who worked to ensure genetic health and population genetics studies contain data from African populations.
- Aristide Gumyusenge | Rwandan appointed professor at Massachusetts Institute of Technology
Who is Adewale “Wally” Adeyemo?
Adewale “Wally” Adeyemo, is a Nigerian-born attorney and former senior international economic adviser during the Obama administration.
Adewale Adeyemo is currently the President of the Obama Foundation.
He is 39 years old.
He previously served as the first Deputy National Security Advisor for International Economics from 2015-2016, and Deputy Director of the National Economic Council.
His profile on CSIS website, the number 1 ranked think tank in US, states that Wally had held several management positions at the U.S. Department of the Treasury, including senior adviser and deputy chief of staff, as well as chief negotiator for the Trans-Pacific Partnership’s provisions on macroeconomic policy. Wally also served as the first chief of staff at the Consumer Financial Protection Bureau. In that capacity, he helped to hire the bureau’s initial executive leadership team and build an agency devoted to protecting U.S. consumers.
Wally is now a member of several boards and organizations including the Aspen Strategy Group, the board of Demos, and the board of the Golden State Opportunity Foundation. Raised east of Los Angeles, California, Wally is a graduate of University of California, Berkeley and Yale Law School
This will be the HIGHEST LEVEL a Nigerian-American has reached in the USA Government in the 244 years history of the United States of America.