Obama names Indian-American as ambassador to Sweden

President Barack Obama has nominated Indian-American investment banker and philanthropist Azita Raji to the coveted diplomatic post of US ambassador to Sweden.

Raji, a top bundler for Obama who raised more than $3 million for his 2012 re-election campaign, was earlier appointed to the president's Commission on White House Fellowship last year.

She previously worked as a vice president of JPMorgan, where she focused on fixed-income investments.

"These fine public servants bring a depth of experience and tremendous dedication to their important roles. I look forward to working with them in the months and years to come," Obama said in a White House statement announcing Raji's nomination with several other key posts.