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Ramin Toloui is the Assistant Secretary for the Bureau of Economic and Business Affairs at the U.S. Department of State.  In this role, Toloui leads the Department’s efforts focused on expanding opportunity for American workers and businesses, deepening cooperation with other countries on shared economic challenges, and leveraging economic tools to advance U.S. national security objectives.

Before joining the Department of State, Toloui was Professor of the Practice of International Finance at Stanford University and the Tad and Dianne Taube Policy Fellow at the Stanford Institute for Economic Policy Research.  His research and teaching focused on global markets and international economic cooperation, prevention and management of financial crises, and the impact of technological change on economic and financial stability.  Toloui served from 2014 through 2017 as the Assistant Secretary for International Finance at the U.S. Treasury Department, where he was responsible for international monetary affairs, global financial markets, coordination with the G-7/G-20, and regional and bilateral economic issues.  From 2006 to 2014, Ramin served as Global Co-Head of Emerging Markets Portfolio Management at PIMCO, directing portfolio strategy and trading for $100 billion in emerging market investments.  Ramin began his career as a civil servant at the U.S. Treasury Department working on financial stabilization programs around the globe, including Brazil, Argentina, Uruguay, the Dominican Republic, Turkey, and the Balkans.

Ramin received an A.B. summa cum laude in Economics from Harvard University and an M.Phil in International Relations from Balliol College at Oxford University, where he was a Rhodes Scholar.

U.S. Department of State

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