MCCC Hosts Public Address by Philadelphia Federal Reserve Bank President

Dr. Charles I. Plosser

March 12, 2008, Blue Bell, Pa.—Montgomery County Community College will present its first-ever Business and Computer Science Distinguished Lecture Series with a public address by Dr. Charles I. Plosser, president and CEO of the Federal Reserve Bank of Philadelphia on April 16.  Dr. Plosser will speak on “Education and Economic Prosperity,” followed by a question and answer session.  The program, which is free of charge and is open to the public, will be held from 12:30-1:30 p.m. in the College’s Science Center Theater, 340 DeKalb Pike, Blue Bell.  Free parking is available in the lot off of Morris Road.  For more information, contact Dr. Amit Singh, Dean of Business and Computer Science, at 215-641-6303 or asingh@mc3.edu

As a member of the Federal Open Market Committee, Dr. Plosser is responsible for fostering long-term economic growth and price stability. During his address, he will share his views on the importance of education to our country’s long-term economic growth and how education drives innovation and productivity.  He will also offer his economic outlook and discuss how monetary policymakers have been addressing the country’s challenges.

Dr.  Plosser became the Federal Reserve Bank of Philadelphia’s 10th president and chief executive officer in 2006.  Before coming to Philadelphia, he was the John M. Olin Distinguished Professor of Economics and Public Policy and director of the Bradley Policy Research Center at the William E. Simon Graduate School of Business Administration, where he also served as dean from 1993 to 2003. He was also a professor of Economics in the Department of Economics at the University of Rochester, a senior research associate at the Rochester Center for Economic Research in the university’s College of Arts and Science, and a research associate at the National Bureau of Economic Research in Cambridge, Mass. He has also been a visiting scholar at the Bank of England and the Federal Reserve Bank of Minneapolis.

Dr. Plosser earned Ph.D. and M.B.A. degrees from the University of Chicago, and he received a Bachelor of Engineering degree (cum laude with honors) from Vanderbilt University.  He has lectured to academic and business audiences worldwide on topics ranging from management education to economic and public policy issues. The author of numerous academic articles and a participant in scores of professional seminars and conferences, Dr. Plosser has also served as co-editor or associate editor of three prestigious journals of economics and referee for over a dozen others. His research and teaching interests include topics on monetary and fiscal policy, long-term economic growth and banking and financial markets.

He has served as a consultant to numerous corporations, including Chase Manhattan Bank, Eastman Kodak Company and The Wyatt Company, on topics ranging from strategic planning and forecasting to portfolioand pension fund management, capital budgeting and financial analysis. He has served as an advisory board member of the Rochester New Enterprise Forum, the Metropolitan Advisory Board of Chase Manhattan Bank and the University Technology Seed Fund, LLC.  Dr. Plosser served as chairman of the Board of Directors of the Consortium for Graduate Study in Management from 1995 to 1997. From 1996 to 2000, he served on the Board of Directors of ViaHealth, Inc., where he also served as secretary, member of the Executive Committee, and chair of the Governance Committee.

The College’s Business and Computer Science Division Distinguished Lecture Series was created by Dr. Amit Singh, Dean of Business and Computer Science.  The bi-annual event is designed to expose students, faculty and community members to speakers who are leaders in their industries and who can add tremendously to their understanding of the global business, economy and technology. Prior to joining the College in 2007, Dr. Singh served as the Assistant Dean and Professor of Business, Economics and Finance at a Georgia University System college.  In the past he also worked as an Investment Analyst with a brokerage firm and a Senior Financial Analyst with a corporate governance consulting firm in Atlanta, Ga.  Dr. Singh holds a Master of Arts degree in Economics from Patna University in India, a Master of Business Administration degree from Salisbury University in Maryland, a Master of Science degree in Finance from Georgia State University and a PhD in Economics from Ranchi University in India.