The nomination is subject to final confirmation by the US Senate and is expected to pass without major opposition.

Nides has built his career on his banking success, holding executive positions at major US companies Fannie Mae, Credit Suisse and Morgan Stanley. In 2010, however, US President Barack Obama appointed Nides as Assistant Secretary of State for Management and Resources, a position he held from 2011 to 2013.

Thomas R. Nides, candidate of US President Joe Biden for Ambassador. (credit: DEPARTMENT OF STATE)

Nides’ father, Arnold Richard Nides, was president of the Temple Israel synagogue in Minnesota and the Duluth Jewish Federation. Mark Mellman, CEO of Democratic Majority for Israel, has known Nides since the 1990s. “He has a lot of experience with issues related to Israel,” he told the Post. “He has a lot of experience in the State Department, in government agencies, and he understands Capitol Hill and all parts of government.”

Omri Nahmias contributed to this report.