Home Africa President-Elect Joe Biden to name Nigerian-American, ADEWALE ADEYEMO as Deputy Treasury Secretary
President-Elect Joe Biden to name Nigerian-American, ADEWALE ADEYEMO as Deputy Treasury Secretary

President-Elect Joe Biden to name Nigerian-American, ADEWALE ADEYEMO as Deputy Treasury Secretary


A Nigerian-American, Adewale Adeyemo is to be appointed the Deputy Minister of Finance of the United States of America (Deputy Treasury Secretary) by the President Elect, Joe Biden.

Adewale “Wally” Adeyemo, a Nigerian-born attorney and former senior international economic adviser during the Obama administration, will serve as deputy Treasury secretary under former Federal Reserve Chair Janet Yellen, who Biden plans to appoint to lead the Treasury Department.

Adeyemo who is currently the President of the Obama Foundation, previously served as the first Deputy National Security Advisor for International Economics from 2015-2016,  and Deputy Director of the National Economic Council. 

The 39 years old will be the first Nigerian-American to attain such a position, and it will be highest level a Nigerian-American has attained in the USA Government in the 244 years history of the United States of America. 

More about Wally Adeyemo

Wally Adeyemo has spent his career working with organizations that are at the intersection of public policy, the private sector, and non-profits that are focused on creating economic opportunity. He currently serves as president at the Obama Foundation and provides advice on business strategy, macroeconomic policy, and geopolitics to the CSIS Economics Program. He also advises policymakers, business leaders, and nonprofits on a range of topics including economic development, trade and investment, and on strategies to address economic inequality. Appointed as deputy national security advisor and deputy director of the National Economic Council by President Obama in 2015, Wally served as the president’s senior international economic advisor. He was responsible for coordinating the policymaking process on international finance, trade and investment, energy, and environmental issues. He also served as the president’s representative to the G7 and G20. Prior to this, Wally 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.


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