President Obama Appoints Adewale Adeyemo for International Economics Post

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President Obama

President Obama appointed Adewale ‘Wally’ Adeyemo who has Served in his administration in high capacity since 2009, Wally helped to establish the Consumer Financial Protection Bureau, also worked on Treasury’s response to crises in Ukraine and Greece and in 2010

President Barack Obama has appointed a Nigerian, Adewale ‘Wally’ Adeyemo who served in top roles at the Treasury Department to succeed Caroline Atkinson as his deputy national security adviser for international economic affairs.  Adeyemo, 34, has served in Obama’s administration since 2009.  

He joined the White House’s National Economic Council as deputy director. He was the Treasury’s lead negotiator on the currency agreement that was part of the Pacific trade deal.

A statement by Obama reads “For the past four years, I have relied on Caroline Atkinson, most recently as my Deputy National Security Advisor for International Economics, as we’ve navigated pressing challenges to the global economy. “As my representative at the G-7 and G-20, she played a key role in coordinating our response to international financial crises, worked with our allies to devise and implement targeted economic sanctions to advance our national security goals, played a vital role in our economic engagements with China, and helped to achieve breakthrough agreements on climate that will strengthen our economy and our security. “I’ve relied on, and benefited from, Caroline’s knowledge and judgment and, as she concludes her tenure on my national security team, I am deeply appreciative of her service. “I am grateful that Caroline’s work will be carried on by Adewale “Wally” Adeyemo, who has served in my administration since 2009. At the Treasury Department, he was part of the team that helped coordinate our response to the global recession, laying the foundation for renewed growth at home and abroad. “He helped establish the Consumer Financial Protection Bureau, and he’s been our point person on a range of international economic issues, including negotiations on strong currency agreements around the Trans Pacific Partnership. I will be calling on Wally’s intellect, judgment and dedication as we sustain America’s global economic leadership, which reinforces our national security, and as we work with allies and partners around the world to create jobs and opportunity for all our people.”

Mr. Adeyemo, 34, joined the White House’s National Economic Council as deputy director this fall from the Treasury, where he served most recently as the deputy chief of staff to Secretary Jacob Lew. He was the Treasury’s lead negotiator on the currency agreement that was part of the Pacific trade deal. 

Mr. Lew said that Mr. Adeyemo had “developed a network of international relationships in economic offices around the world to promote U.S. interests effectively.” Former Treasury Secretary Tim Geithner said Mr. Adeyemo, who joined the administration in 2009, was a “natural diplomat with a great feel for policy.”

Adeyemo holds a B.A. from the University of California, Berkeley and another degree from Yale