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University Honors

President's Cabinet Award

1987

Citation:

The University of Detroit is proud to honor your for the contributions you have made to the United States, to Michigan, and to the City of Detroit, especially in the areas of finance and education. Your background in the world of finance is remarkable beginning with your first job as a financial economist with the Federal Reserve Board in Washington, D.C. in 1964. In 1967 you became chief economist for Detroit Bank and Trust. In 1974 you became vice president in charge of Economics and Investments, bank of the Commonwealth in Detroit. Your widening reputation for excellence in the finance field took you to Lansing where you served ably as Commission of Financial Institutions from 1981 to 1982. For two years, as a Central Michigan University professor of finance, you taught business students, not the first time you had taught. The other teaching assignments were at the University of Michigan, your alma mater where you won three degrees; Oakland University; and the University of Windsor. You were asked to serve on the Board of Governors of the Federal Reserve System in 1984 where you also became a voting member of the Federal Open Market committee and directly involved in the formulation and execution of American monetary policy. Your place in the world of finance is solid. So is your place in education. We know that you have captured the heart and interest of the University of Detroit. We are proud to add to your numerous awards – Michigan Woman of the Year, the Kappa Kappa Gamma Alumnae Achievement Award, and the National Association of Bank Women Financial Achievers Award, to name but a few – the President’s Cabinet Award.
 
Award was presented at the President's Cabinet Twentieth Annual Awards Dinner, 1987.

University of Detroit

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