Adewale “Wally” Adeyemoa is a Nigerian-American who grew up in Southern California. In December 2015, President Barack Obama appointed him as his Deputy National Security Adviser for International Economic Affairs.
In a statement released by the White House, President Obama remarked, “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.”
The 34-year-old graduated from the University of California, Berkeley, with a bachelor’s of arts, before moving to Yale Law School, where he bagged his Juris Doctor (JD) for further studies in specialised law.
While at Yale, he was the co-director, project on law and education for the university.
Before his appointment, Adeyemo was the deputy chief of staff at the department of the treasury, a position he held for three years. He has served in various positions at treasury, including senior advisor to the chief of staff and deputy executive secretary.
Adeyemo also worked as the chief of staff at the Consumer Financial Protection Bureau from 2010 to 2011. He was an editor for the Hamilton Project at the Brookings Institution from 2008 to 2009.
When he appeared before the US senate committee on banking, housing, and urban affairs in September, he appreciated his parents who left Nigeria to seek a better life for him.
“While they could not be here today, I want to acknowledge my father and mother who immigrated to this country in search of the American dream and the opportunity to give my brother, sister, and me a better life,” he had said.
“They have worked hard, as an elementary school principal and a nurse, to give tremendous opportunities to their children, but along the way, they have instilled in us the values that guide us every day.
“They often remind us that this country affords the chance to do anything we wanted if we work hard. And they have taught us that we have a responsibility to serve the community and the country that has afforded them so many opportunities.”
Could he become the governor of the US federal reserves?
The governor of the US federal reserves is equivalent to that of Nigeria’s apex bank, the Central Bank of Nigeria (CBN).
Adeyemo’s position as deputy NSA has been the springboard to Michael Froman, who is currently the US trade representative and Lael Brainard, Federal Reserve governor.
American finance experts also believe that the post can serve as a springboard to the Nigeria-born who is toeing the same line as those who have gone ahead of him on the job. But the question still remains; can Adeyemo become the first Nigerian US citizen to be governor of the US federal reserve?
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