Wally Adeyemo

Adewale "Wally" Adeyemo (born May 20, 1981)[2] is a Nigerian-American economic and political advisor.[3] He was the first president of the Obama Foundation and is President Joe Biden's nominee for United States Deputy Secretary of the Treasury.[4] During the Obama administration, Adeyemo was the Deputy National Security Advisor for International Economics from 2015 to 2016 and Deputy Director of the National Economic Council.

Wally Adeyemo
United States Deputy Secretary of the Treasury
Nominee
Assuming office
TBD
PresidentJoe Biden
LeaderJanet Yellen
SucceedingJustin Muzinich
President of the Obama Foundation
Assumed office
August 1, 2019
Preceded byPosition established
Succeeded byValerie Jarrett (designate)
Deputy National Security Advisor
for International Economics
In office
2015–2016
PresidentBarack Obama
Preceded byCaroline Atkinson
Succeeded byVacant
Personal details
Born
Adewale O. Adeyemo

(1981-05-20) May 20, 1981[1]
Ibadan, Nigeria[1]
Political partyDemocratic
EducationUniversity of California, Berkeley (BA)
Yale University (JD)

Early life and education

Adeyemo was born to Yoruba parents in Nigeria and raised in Southern California.[5] His father was a teacher and his mother was a nurse. He has two younger siblings.[6] After graduating from Eisenhower High School in Rialto, California in 1999,[7] he received a Bachelor of Arts degree from the University of California, Berkeley in 2004 and a Juris Doctor degree from Yale Law School in 2009.[1][8] During his time at the University of California, Berkeley, he played DB for the Bears football program.

Career

Adeyemo served as the Director of African American Outreach for the John Kerry 2004 presidential campaign and was based in the San Francisco office.[9]

Prior to joining the Obama administration, Adeyemo worked as an editor at the Hamilton Project. Adeyemo then served as senior advisor and deputy chief of staff to Jack Lew in the United States Department of the Treasury.[10] Adeyemo later worked as the chief negotiator for the Trans-Pacific Partnership. He also served as the first chief of staff of the Consumer Financial Protection Bureau under Elizabeth Warren.

In November 2014, Adeyemo was nominated to be Assistant Secretary of the Treasury for International Markets and Development[11] at the same time that the incumbent Assistant Secretary, Marisa Lago, was nominated to be a Deputy United States Trade Representative.[12] He appeared before the Senate Committee on Banking, Housing, and Urban Affairs in September 2015,[13] but the committee did not advance his nomination to the full Senate. The nomination was withdrawn by President Obama in December 2015.[14] Adeyemo was instead selected to concurrently serve as Deputy National Security Advisor for International Economics and deputy director of the National Economic Council in 2015, serving until 2016. During his tenure, he was the President's representative to the G7 and G20 and held several senior 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.[2]

Wally Adeyemo currently serves as a senior advisor at BlackRock. Previously he served as interim Chief of Staff for the firm's CEO, Laurence D. Fink. https://www.abana.co/event/speakers/wally-adeyemo/ On August 1, 2019, Adeyemo was selected as the first president of the Obama Foundation.[15]

In November 2020, it was announced that Adeyemo would be nominated to serve as United States Deputy Secretary of the Treasury in the Biden administration.[16][17]

References
  1. Hearing before the Committee on Banking, Housing, and Urban Affairs (PDF). U.S. Senate. p. 19. Retrieved January 23, 2021.
  2. "Adewale Adeyemo: President of Obama Foundation". Leadership. August 11, 2019. Retrieved November 29, 2020.
  3. "Obama Foundation Announces Wally Adeyemo as President". Obama Foundation. Retrieved December 2, 2020.
  4. "Obama Foundation President Wally Adeyemo picked to be deputy Treasury secretary". Chicago Sun Times. November 30, 2020. Retrieved December 1, 2020.
  5. "Obama Appoints 34 Years Old Adewale Adeyemo As Deputy National Security Advisor". Nairametrics. December 16, 2015. Retrieved June 6, 2020.
  6. Rappeport, Alan (December 1, 2020). "Biden Pick for Treasury's No. 2, a Moderate Voice, Breaks Racial Barrier". Retrieved December 23, 2020 – via NYTimes.com.
  7. "Notable Eagles". Eisenhower High School. Retrieved December 1, 2020.
  8. Rachlin, Jill. "Wally Adeyemo". Reiss Center on Law and Security. Retrieved June 6, 2020.
  9. "John Kerry-California Campaign Organization". p2004.org. Retrieved June 6, 2020.
  10. Communities, Africa Business. "Obama appoints 34-yr-old Nigerian, Adewale Adeyemo as deputy NSA". Africa Business Communities. Retrieved June 6, 2020.
  11. "PN2119 — Adewale Adeyemo — Department of the Treasury". U.S. Congress. Retrieved January 23, 2021.
  12. "PN2121 — Marisa Lago — Executive Office of the President". U.S. Congress. Retrieved January 26, 2021.
  13. "Statement By Adewale O. Adeyemo, Nominee For Assistant Secretary For International Markets And Development, Before The Senate Committee On Banking, Housing, And Urban Affairs". U.S. Department of the Treasury. Retrieved January 23, 2021.
  14. "PN86 — Adewale Adeyemo — Department of the Treasury". U.S. Congress. Retrieved January 23, 2021.
  15. "Obama Foundation Announces Wally Adeyemo as President". Obama Foundation. Retrieved June 6, 2020.
  16. "Biden unveils diverse economic team as challenges to economy grow". POLITICO. Retrieved November 30, 2020.
  17. Davidson, Ken Thomas and Kate (November 29, 2020). "WSJ News Exclusive | Biden to Name Rouse, Tanden to Economic Team". Wall Street Journal. ISSN 0099-9660. Retrieved November 30, 2020.
Non-profit organization positions
New office President of the Obama Foundation
August 1, 2019 – present		 Succeeded by
Valerie Jarrett (designate)
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