Nicola Sturgeon could meet Barack Obama at a charity event in Scotland
The former president is set to answer questions from the audience at the event, which will be attended by a raft of business leaders.
The dinner, taking place in Edinburgh on May 26, will be one of his first major public appearances since watching Donald Trump walk into the White House.
A spokesperson for Ms Sturgeon said: "No meeting is planned as yet but the First Minister hopes to have the opportunity to meet President Obama when he is in Edinburgh."
The SNP chief added: "It’s fantastic news and I know everybody in Scotland will be really excited to hear President Obama is visiting Edinburgh and really looking forward to what he has to say.
“It’s great for Scotland and great for boosting Scotland’s profile in the world.
“He’s coming to support a fundraising initiative – Sir Tom Hunter has persuaded him to visit and it’s a great coup for Sir Tom.
Obama could have to meet the First Minister during his Scotland trip
“I’m sure President Obama will have words that many people in Scotland and across the world will want to hear so I look forward to hearing him and I know many people in Scotland will be looking forward to that as well.”
The event is being organised by the Hunter Foundation, with tickets for a table of 10 expected to go on sale for approximately £5,000.
Money raised at the event will go to the Obama Foundation and to children's charities in Scotland.
Barack Obama: US President Tue, January 20, 2009 1 of 62
President Barack Obama sings the national anthem at the end of swearing-in ceremonies at the US Capitol in Washington
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Seats will be reserved for local young people, according to Sir Tom.
He said: "From the South Side of Chicago to the White House has been an epic, historic journey and it will be a true honour to hear that story from the man who made that journey.
"We are both truly proud and delighted to be hosting the 44th president of the United States in Scotland at this event."
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Ms Sturgeon has curried favour with Mr Obama after today signing a climate change pact with one of President Trump's bitter rivals – California Governor Gerry Brown.
A Scottish Government source revealed: “The First Minister is expected to sign a joint agreement with the Governor that Scotland and California will work together on climate change.
“It would be an agreement to share technology and keep the issue at the front of the political agenda.”