[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/05/21/art.bigben.gi.jpg caption="Chicago businessman Louis Susman will be named ambassador to the Court of St. James's."]WASHINGTON (CNN) - President Obama intends to nominate Chicago businessman Louis Susman to be the country's next U.S. ambassador to the Court of St. James's, according to sources familiar with the nomination.
Susman is 71 and retired in February as the vice chairman of Citigroup. Susman was a prominent fundraiser and "bundler" from Obama's presidential campaign and was also a key fundraiser for Sen. John Kerry's presidential bid.
The pick has been approved by the British government and Her Majesty, Queen Elizabeth II.