(JNS) U.S. President Joe Biden is expected to announce the nomination of Tom Nides as the next U.S. Ambassador to Israel in the coming weeks.

White House and other Biden officials told NBC News that Nides has been offered the position, but that the nomination is not final until it is announced.

Nides, an executive at Morgan Stanley, served as deputy secretary of state for management and resources from 2011 to 2013 in the Obama administration. He has long been talked about as a frontrunner for the position.

Once announced, Nides would need to be confirmed by the Senate before taking office. He is not expected to face any major opposition.

Meanwhile, senior diplomat Michael Ratney will serve as an interim head of the U.S. Embassy in Jerusalem beginning next month.

As part of the Obama administration, Nides played a key role in the administration’s approval of an extension on loan guarantees worth billions of dollars for Israel.

He also led the push against Congress’s efforts to defund the U.N. Educational, Scientific and Cultural Organization (UNESCO) and the U.N. Agency for Relief and Works Agency for Palestine Refugees (UNWRA).

Nides was born in 1961 to Jewish parents in Duluth, Minn., and has extensive experience in government and the private sector. His father, Arnold Nides, was the founder of the finance company Nides Finance, as well as serving as president of the Duluth Jewish Federation and Temple Israel.