(Image source from: NDTV.com)
An Indian-American Bimal Patel has been appointed to a key administrative position in the Treasury Department by the United States President Donald Trump.
Patel, who is from Georgia, has been nominated to be an Assistant Secretary of the Treasury for Financial Institutions.
At present, he serves as the Deputy Assistant Secretary of the Treasury for the Financial Stability Oversight Council.
Prior to joining the U.S. Department of the Treasury, Patel was a partner and head of the Financial Advisory and Regulation practice in the Washington, D.C., office of O'Melveny & Myers LLP, the White House said.
Earlier, Patel served as a senior adviser to Director Jeremiah O. Norton on the Board of Directors of the Federal Deposit Insurance Corporation.
In addition, he has served as an adjunct associate professor at Stanford University, teaching an undergraduate course on banking regulation.
Patel earned his Bachelor of Arts from Stanford University, Master in Public Policy from the Kennedy School of Government at Harvard University, and Juris Doctor from the Georgetown University Law Center.
By Sowmya Sangam