IMA Signs Memorandum of Understanding with the Association of Latino Professionals for America (ALPFA)

Giuseppe Barone
(201) 474-1681

Taylor Fenske
Stern Strategy Group
(908) 325-3866

Montvale, N.J., October 29, 2018 IMA® (Institute of Management Accountants) and the Association of Latino Professionals For America (ALPFA) have signed a Memorandum of Understanding (MoU) as part of both organizations’ commitment to diversity and inclusion in the accounting profession and marketplace.

The MoU, signed by IMA President and CEO Jeff Thomson, CMA, CAE, expands IMA’s relationship with ALPFA, the first national Latino professional association in the United States with more than 92,000 members across the country. The MoU provides opportunities for collaboration between the two organizations as they will partner with joint webinars, speaking engagements, and thought leadership focusing on diversity, certification and the accounting profession.

“Diversity and inclusion needs to be a priority for all employers and professionals to remain relevant with employees,” said Linda Devonish-Mills, CMA, CPA, CAE, Director, Diversity and Inclusion at IMA. “At IMA, embracing diversity is a priority for us and our diverse membership base, volunteer leadership, and staff. The partnership with ALPFA is in alignment with IMA’s strategy to develop a diverse leadership pipeline and increase awareness about IMA and the Certified Management Accountant (CMA) credential. The partnership has already proven beneficial with our exhibiting at the organization’s annual convention over the summer and interacting with students and professionals in the industry.”

“I’m proud that ALPFA is intensely focused on creating career opportunities for, and exponentially developing, Latino talent in finance and accounting at all levels, from an aspiring young intern to a superbly talented executive working with one of our corporate partners. Partnering with IMA is essential to our commitment to finance and accounting, which our organization was founded on. We're excited to connect our community of dedicated, diverse, and talented professionals to IMA's global network and leverage our passion for leadership and professional development to benefit our mutual goals,” said Damian Rivera, CEO, ALPFA.

About IMA® (Institute of Management Accountants)
IMA®, named the 2017 and 2018 Professional Body of the Year by The Accountant/International Accounting Bulletin, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) program, continuing education, networking and advocacy of the highest ethical business practices. IMA has a global network of more than 100,000 members in 140 countries and 300 professional and student chapters. Headquartered in Montvale, N.J., USA, IMA provides localized services through its four global regions: The Americas, Asia/Pacific, Europe, and Middle East/India. For more information about IMA, please visit

About ALPFA (Association of Latino Professionals for America)
ALPFA was the first national Latino professional association in the United States, established in Los Angeles in 1972. Throughout our 45-year history we have experienced steady growth and demonstrated consistent value. ALPFA continues to build upon its proud legacy with a mission: To empower and develop Latino men and women as leaders of character for the nation, in every sector of the global economy. ALPFA currently serves more than 92,000+ professional and student members across the country – a number we plan to grow aggressively to 100,000 within the next two years. In addition to networking and professional leadership development opportunities, our members have access to 50,000 paid summer internships through hundreds of Fortune 1000 corporate partners. We aspire to be the business partner of choice for companies seeking to hire and develop Latino talent.