Ramin Toloui was nominated by President Barack Obama on Thursday to serve as the Treasury Department's deputy undersecretary for international finance, according to a White House statement.
Mr. Toloui is global co-head of Pacific Investment Management Co.'s emerging markets portfolio, and chairman of PIMCO's Asia-Pacific portfolio committee. He is an executive vice president in the Singapore office.
Before joining PIMCO in 2006, Mr. Toloui served in the Treasury Department's international division, as director of the Office of the Western Hemisphere and as senior adviser to the undersecretary for international affairs.
The Senate Finance Committee has not scheduled his confirmation hearing. If confirmed, Mr. Toloui will also serve as assistant secretary for international finance.
PIMCO spokesman Mark Porterfield did not return a phone call by press time.
