If confirmed by the Senate, Pamela Hamamoto will have the rank of ambassador.
Hamamoto was Obama's classmate during his Hawaii school days. She introduced him at a fundraiser last year and raised more than $500,000 for his campaign. Hamamoto was previously an executive at Goldman Sachs and Merrill Lynch.
Dwight Bush Sr. is Obama's pick to be ambassador to Morocco. Bush is president of a financial consulting firm in Washington and also bundled more than $500,000 for Obama's campaign.