Associate Professor Emeritus of Finance; Director, Huntsman Program in International Studies & Business
Financial aspects of economic development; stabilization policies; operation of financial institutions and capital markets
Asset sales and bank strategy. Reforming financial systems.
"Reflections on the Operation of Capital Markets." Capital Market Board. Ankara, Turkey, 1987.
"Investment Companies and the Development of Capital Markets." Capital Market Board. Ankara, Turkey, August 1988.
"Securitization in Developing Capital Markets." Current Issues in Turkish Capital Markets (1990).
PhD, University of Cambridge, 1960; MA, University of Cambridge, 1960; MA, University of Pennsylvania, 1957; BS, University of Pennsylvania, 1956
Capital Market Board (Turkey), Ankara, 1986-92; Capital markets, OECD, Paris, 1988-present; Financial development, Bank of Portugal, 1989-96; Design of training program, Central Bank of Turkey, 1992-94; Banking strategy, Citibank, 1991-97; Asset Strategy, Bayerische Vereinsbank, 1994-present; Financial strategy, Deutsche Bank, 1994-present
Undergraduate Outstanding Teaching Award; 2000; Lindback Award formDistinguished Teaching, University of Pennsylvania, 1970; Anvil Award for Teaching Excellence, 1975; Graduate Division Class of 1984 Award for Highest Teaching Evaluation, 1984; Graduate Division Excellence in Teaching Award, 1982-90; Hauck Award for Excellence in Teaching Undergraduate, 1992; Rapaport Award, 1994; Undergraduate Division Excellence in Teaching Award, 1992-99, 2001; Graduate Division Excellence in Teaching Award,1995
Wharton: 1965-present (Director, Huntsman Program in International Studies & Business, 1994-present). Previous appointments: University of Cambridge; University of Manchester. Visiting appointment: American University of Beirut
Economic Adviser, Capital Markets, World Bank, 1974-77
EU Committee on Financial Innovation, 1987-present; Director, GH Finansbank, 1994-present
