Ramin Toloui Tehrani is an American academic, civil servant, and financial advisor who most recently served as

Assistant Secretary of State for Economic and Business Affairs The Assistant Secretary of State for Economic and Business Affairs is an office in the United States Department of State responsible for managing the Bureau of Economic and Business Affairs. It was known as the Assistant Secretary of State for Ec ...

in the

Biden Administration Joe Biden's tenure as the List of presidents of the United States, 46th president of the United States began with Inauguration of Joe Biden, his inauguration on January 20, 2021, and ended on January 20, 2025. Biden, a member of the Democr ...

Early life and education

Toloui was born and raised in

Iowa City, Iowa Iowa City is the largest city in Johnson County, Iowa, United States, and its county seat. At the time of the 2020 United States census, 2020 census the population was 74,828, making it the state's List of cities in Iowa, fifth-most populous c ...

and attended Iowa City High School. He earned a Bachelor of Arts degree from

Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...

and an

MPhil A Master of Philosophy (MPhil or PhM; Latin ' or ') is a postgraduate degree. The name of the degree is most often abbreviated MPhil (or, at times, as PhM in other countries). MPhil are awarded to postgraduate students after completing at least ...

from

Balliol College Balliol College () is a constituent college of the University of Oxford. Founded in 1263 by nobleman John I de Balliol, it has a claim to be the oldest college in Oxford and the English-speaking world. With a governing body of a master and ar ...

Oxford University The University of Oxford is a collegiate research university in Oxford, England. There is evidence of teaching as early as 1096, making it the oldest university in the English-speaking world and the second-oldest continuously operating u ...

Career

Toloui served as the global co-head of Emerging Markets Portfolio Management at

PIMCO Pacific Investment Management Company LLC (PIMCO) is an American investment management firm. While it has a specific focus on active fixed income management worldwide, it manages investments in many asset classes, including fixed income, share ca ...

, 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 The Western Hemisphere is the half of the planet Earth that lies west of the Prime Meridian (which crosses Greenwich, London, United Kingdom) and east of the 180th meridian.- The other half is called the Eastern Hemisphere. Geopolitically, ...

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 Southeast Europe or Southeastern Europe is a geographical sub-region of Europe, consisting primarily of the region of the Balkans, as well as adjacent regions and Archipelago, archipelagos. There are overlapping and conflicting definitions of t ...

from 1999 to 2001. Toloui was confirmed by the

United States Senate The United States Senate is a chamber of the Bicameralism, bicameral United States Congress; it is the upper house, with the United States House of Representatives, U.S. House of Representatives being the lower house. Together, the Senate and ...

on November 20, 2014, to serve as

Assistant Secretary of the Treasury for International Finance and Development The Deputy Under Secretary / Designated Assistant Secretary of the Treasury for International Finance is a senior position within the United States Department of the Treasury responsible for advising the Secretary of the Treasury on matters of i ...

. In this position, Toloui was responsible for leading the department's work on international monetary affairs, coordination with the

G-20 The G20 or Group of 20 is an intergovernmental forum comprising 19 sovereign countries, the European Union (EU), and the African Union (AU). It works to address major issues related to the global economy, such as international financial stabil ...

, 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. 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 The United States Department of State (DOS), or simply the State Department, is an United States federal executive departments, executive department of the U.S. federal government responsible for the country's foreign policy of the United State ...

. On July 30, 2021, Toloui was announced to be the nominee for

at the United States Department of State. He was confirmed by the Senate on December 16, 2021, by a vote of 76–13.

Resources

{{DEFAULTSORT:Toloui, Ramin Alumni of Balliol College, Oxford American people of Iranian descent Biden administration personnel Harvard University alumni Iowa City High School alumni Living people Obama administration personnel People from Iowa City, Iowa United States assistant secretaries of state United States assistant secretaries of the treasury Year of birth missing (living people)