Advisory Director, Morgan Stanley
New York, New York

Richard A. Debs is an Advisory Director of Morgan Stanley and a member of its International Advisory Board. He joined Morgan Stanley in 1976 as the founding President of Morgan Stanley International to develop the investment bank's international business, now a major part of its global activities. Prior to joining Morgan Stanley in 1976, Dr. Debs served as the Chief Operating Officer of the Federal Reserve Bank of New York, where he was also an Alternate Member of the Federal Open Market Committee. Dr. Debs is Chairman of the Board of the American University of Beirut, Chairman Emeritus of Carnegie Hall, trustee of the Carnegie Endowment for International Peace and Trustee of the Institute of International Education. He is also a member of the Fulbright Association and was the first recipient of its Lifetime Achievement Award. He was a Fulbright Scholar in Egypt, where he subsequently held a joint Harvard-Princeton research fellowship.

Dr. Debs graduated summa cum laude from Colgate University in 1952, and holds an M.A. and a Ph.D. from Princeton, where he was a Ford Foundation Fellow. A member of the New York Bar, he is a graduate of Harvard Law School as well as of the Advanced Management Program at the Harvard Business School. He was elected to the Board of Trustees of the Institute of International Education in April 2001.