Nigerian-born attorney, Adewale Adeyemo, is about to be appointed as Deputy Treasury Secretary by US President elect Joe Biden, in his latest wave of appointments from reports reaching us.
Adeyemo 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.
Mr Adeyemo, 39, also 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.
He served as the First Chief of Staff at the Consumer Financial Protection Bureau and the Deputy Director of the National Economic Council during the Obama administration.
If confirmed, Mr Adeyemo, who is currently the first President of the Obama Foundation in Chicago, would be the first African to occupy the position.
According to CNN, Mr Biden is to make the appointments public on Monday in a statement but the economic team will be formally introduced by the President-elect during an event Tuesday at his transition headquarters in Wilmington, Delaware.