Adewale Adeyemo aka Wally, a Nigerian-American economic expert, has become president of the Obama Foundation.
In a statement confirming Adeyemo’s appointment, chairman of the foundation’s board, Martin Nesbitt, said that “Wally is the ideal person to help lead the foundation team as we continue to grow the impact of our global civic engagement programs and advance the Obama Presidential Centre.”
Adeyemo who is expected to lead ‘’the implementation of the organisation’s strategic plan and managing its organisational structures and functions’’ had previously served as deputy national security adviser (NSA) for international economics in the administration of former American president, Barrack Obama.
Reputed to have helped the US combat the global economic recession of 2008 and “given his executive experience in both the public and private sectors and previous service with President Obama,” Wally according to Nesbitt “is well positioned to help us continue to translate our sky-high ambitions into operational reality through daily leadership of our talented staff.”
A graduate of University of California at Berkeley, with a bachelor of arts and a Juris Doctor (JD) from Yale Law School in specialised law, 39-year-old Wally had also served as the President’s representative to the G7 and G20.
He had also held several senior management positions at the US Department of the Treasury, including senior adviser and deputy chief of staff; Treasury Department’s chief negotiator for the Trans-Pacific Partnership’s provisions on macroeconomic policy; and chief of staff at the Consumer Financial Protection Bureau (CFPB).