Turkish American Association for Business held the Annual Dinner at The Houstonian Hotel on April 24, 2008, located 111 North Post Oak Lane, Houston, Texas, 77024. The evening was a great success for TAAB and we thank all our guests especially the distinguished speakers of the evening from Federal Reserve Bank of Dallas, Mark A. Wynne, the Senior Economist & Vice President, also the Director of Globalization and Monetary Policy Institute accompanied by Mine K. Yucel, Senior Economist and Vice President.

Our corporate sponsors for this dinner event were “Amegy Bank of Texas“, “Carl F. Vincent, CFP with Ameriprise Financial Services“, “American Turkish Association (ATA)“, “C&H Builders“, “Reliable Business & Tax Services“, “Independence Bank, N.A.“, “Mariner Energy“, “Ross, Banks, May, Cron & Cavin, P.C.“, “Seba International Ltd.“, “Sterling Bank“.

The event began with registration and reception at the dining area. Following the introduction and recognition of our corporate sponsors, it was time for our keynote speakers for the evening, Mr. Wynne and Ms. Yucel. The topic for the speech was “Outlook on Global & Texas Economy and the State of the US Dollar”.

Mark A. Wynee is vice president and senior economist with the Federal Reserve Bank of Dallas, and the first Director of the Bank’s Globalization and Monetary Policy Institute. He has also taught as an adjunct professor at Southern Methodist University in both the graduate and undergraduate economics programs. His main research interests are in the areas of international macroeconomics and monetary economics, and he has published a variety of papers in the leading professional journals and in various Dallas Fed publications. In recent years he has worked on understanding how globalization impacts the conduct of monetary policy. Before joining the Dallas Fed, Wynne did graduate work at the University of Rochester in New York, where he earned his Ph.D. He has also worked at the Economic and Social Research Institute in Dublin and at the Central Bank of Ireland. Prior to the launch of the euro Wynne spent 16 months in Frankfurt am Main, Germany, working for the European Monetary Institute and subsequently for the European Central Bank (ECB). During this time, he worked on issues related to the strategy of monetary policy under Economic and Monetary Union and the measurement of inflation in the euro area. He also played the lead role in designing and implementing the ECB’s Survey of Professional Forecasters, which is now regularly featured in the ECB’s Monthly Bulletin. In addition to a Ph.D. in economics from the University of Rochester, Wynne also holds B.A. and M.A. degrees in economics (with first class honors) from the National University of Ireland (University College Dublin). He is a member of the American Economic Association and the European Economic Association.

Mine Yucel is the vice president and senior economist at the Federal Reserve Bank of Dallas. She has been with the Fed since 1989. As an energy economist and head of the Bank’s regional group, she analyzes the regional economy and energy markets on an ongoing basis and has published numerous articles on energy and regional growth. Ms. Yucel is past president of the United States Association of Energy Economics (USAEE), and the Dallas Area Business Economists. She has served on the executive boards of the USAEE and the Dallas Chapter of Women in Technology International, Inc. In 2006, she was chosen as one of the recipients of the Key Women in Energy—Global award. She received the USAEE Senior Fellow Award in 2007. Currently, she serves on the Greater Dallas Chamber’s Life Sciences Committee, the Chamber’s Board of Economists, and the executive boards of the International Association of Energy Economics and Executive Women of Dallas. Before joining the Bank, she was an assistant professor of economics at Louisiana State University. She has a B.S. and M.S. in mathematics from Bogazici University in Istanbul, Turkey, and a Ph.D. in economics from Rice University in Houston, Texas.

Following the speech and Q&A sessions, Mr. Wynee and Ms. Yucel were presented gifts by Pinar Ceyhan. TAAB President Okan Akin gave the final speech for 2008 review and calendar.

This was TAAB’s 6th Annual Dinner which was attended by more than 180 professionals and business owners.