Ramin Toloui is an American academic, civil servant, and financial advisor who serves as Assistant Secretary of State for Economic and Business Affairs in the Biden Administration.
Early life and education
Toloui was born and raised in Iowa City, Iowa and attended Iowa City High School.[1][2] He earned a Bachelor of Arts degree from Harvard University and an MPhil from Balliol College at Oxford University.[3][4][5]
Career
Toloui served as the global co-head of Emerging Markets Portfolio Management at PIMCO, a position he has held since 2011, and chaired the firm’s Asia-Pacific Portfolio Committee since 2012. Toloui joined PIMCO in 2006 as a Portfolio Manager for emerging markets, adding responsibilities for global bond portfolios in 2009. Previously, Toloui held a variety of jobs at the Department of the Treasury, including Director of the Office of the Western Hemisphere from 2003 to 2006, Senior Adviser to the Under Secretary for International Affairs from 2001 to 2003, and Deputy Director and International Economist in the Office of Central and Southeastern Europe from 1999 to 2001.[citation needed]
Toloui was confirmed by the United States Senate on November 20, 2014, to serve as Assistant Secretary of the Treasury for International Finance and Development.[6] In this position, Toloui was responsible for leading Department’s work on international monetary affairs, coordination with the G-20, and regional and bilateral economic issues.
Since leaving the Treasury Department, Toloui has worked as a professor of international finance and fellow at the Stanford Institute for Economic Policy Research.[7]
In November 2020, Toloui was named a volunteer member of the Joe Biden presidential transition Agency Review Team to support transition efforts related to the United States Department of State.[8]
On July 30, 2021, Toloui was announced to be the nominee for Assistant Secretary of State for Economic and Business Affairs at the United States Department of State.[9] He was confirmed by the Senate on December 16, 2021, by a vote of 76-13.[10]
Resources
- ^ "Statement by Ramin Toloui Nominee for Assistant Secretary of the Treasury for International Finance U.S. Senate Committee on Finance" (PDF).
- ^ Scandrett, Katrina. "City High Alum sworn into U.S. Department of Treasury".
- ^ Ramin Toloui Confirmed as Treasury Assistant Secretary for International Finance treasury.gov 11/20/2014
- ^ ... Hearing to consider the nominations of D. Nathan Sheets, of Maryland, to be an Under Secretary of the Treasury, vice Lael Brainard, resigned; Ramin Toloui finance.senate.gov
- ^ PIMCO's Toloui Treasury-Bound, Steps Down From 2 Funds finance.yahoo.com
- ^ "PN1560 — Ramin Toloui — Department of the Treasury 113th Congress (2013-2014)". US Congress. 20 November 2014. Retrieved 19 December 2021.
- ^ "Ramin Toloui | SIEPR". siepr.stanford.edu. Retrieved 2020-04-26.
- ^ "Agency Review Teams". President-Elect Joe Biden. Retrieved 10 November 2020.
- ^ "President Biden Announces Five Key Nominations". The White House. 2021-07-30. Retrieved 2021-08-01.
- ^ "On the Nomination (Confirmation: Ramin Toloui, of Iowa, to be an Assistant Secretary of State, Economic and Business Affairs)". US Senate. Retrieved 19 December 2021.