Marc Gerrone
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IMA Announces Winners of 2021 Annual Global Awards and Lifetime Achievement Award

Montvale, N.J., June 29, 2021IMA® (Institute of Management Accountants) announced the winners of its annual Global Awards program and Lifetime Achievement Award during the organization’s Virtual Annual Meeting of Members on June 24. These honors acknowledge the accomplishments of IMA members and accounting and finance professionals who exemplify IMA’s mission and core values. 

In the category of Exemplary Young Professional, which recognizes an IMA young professional with creative approaches to problem solving within the accounting and finance profession, IMA awarded Loudie Jay Canonoy Falguera, from the Philippines Chapter; Ashley Loflin, from the Portland Chapter; and Marco Otti from the Switzerland Chapter. 

The Exemplary Global Board Member award recognizes a member of the IMA Global Board who demonstrates excellence as a board member through preparation, participation, and service. In this category, IMA recognized Rick Thompson, current Board member and longtime IMA volunteer.  

In the category of IMA Champion, which recognizes an IMA member who has shown volunteer and leadership skills above and beyond what might be expected, IMA recognized five individuals: Michael Lovelace, from the San Antonio Chapter; Purnima Mishra, from the Switzerland Chapter; Lianne Loeks Munson, from the Minneapolis Chapter; and Jaywardhan Semwal and Varadarajan Guruprasad, both from the Bangalore Chapter. 

IMA bestowed this year’s Lifetime Achievement Award to Captain Larry White. The Lifetime Achievement award recognizes an IMA member who has demonstrated sustainable and extraordinary leadership and dedication to IMA over a lifetime of service.

White is a former Chair of the IMA Global Board, serving during Fiscal Year 2004-2005. He is a longtime IMA volunteer, author of numerous IMA research reports and Strategic Finance articles, and has represented IMA on several international boards and committees.

White is the executive director of the Resource Consumption Accounting (RCA) Institute, which educates and certifies individuals and organizations in the practice of RCA. He retired from the U.S. Coast Guard as a Captain with more than 28 years of service, including 21 years in financial management and accounting. He holds a bachelor’s degree from the U.S. Coast Guard Academy and an MBA from Columbia University. He holds the CMA, CFM, CSCA, CPA, and CGFM credentials.

“Volunteerism is deeply embedded in IMA’s culture and is evidenced by the efforts of our Global Awards winners. We’re pleased to acknowledge these individuals for their outstanding commitment and service to the organization and our members,” said Paul E. Juras, Ph.D., CMA, CSCA, CPA, IMA’s 2020-2021 Global Board Chair.

Each year, IMA recognizes the efforts of the association’s volunteers, and local chapters and councils through different types of recognition, commending outstanding programs in community service, communications and marketing, education and training, and membership development. IMA Global Award winners demonstrate a strong commitment to both the IMA organization and the accounting and finance profession.

About IMA® (Institute of Management Accountants)

IMA® 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) and CSCA® (Certified in Strategy and Competitive Analysis) programs, continuing education, networking, and advocacy of the highest ethical business practices. Twice named Professional Body of the Year by The Accountant/International Accounting Bulletin, IMA has a global network of about 140,000 members in 150 countries and more than 350 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