An unassuming but sharp mentor of Holy Name University has recently etched an indelible mark in the annals of education after having been adjudged as the Rafael Buenaventura Most Outstanding Finance Educator in the Philippines for SY 2009-2010.
Michael Parmisano Cañares, a professor of finance and accounting, bested other finalists all across the archipelago and brought home the prestigious award given by no less than the Finance Executives of the Philippines (FINEX) and the Citi Foundation.
Top honchos in the financial community, together with topnotch finance educators, gathered at the Peninsula Hotel in Manila to select the best in the competitive pool of national finalists. The finalists were evaluated based on their personal qualities and character, knowledge of finance, teaching effectiveness and professional and community involvement.
The awarding rites were held in a posh reception at the Executive Business Center of the Bangko Sentral ng Pilipinas.
The FINEX-CITI award aimed primarily to honor the finance education profession and to recognize the outstanding qualities and contributions of finance and business teachers.
Moreover, it is also an avenue of inspiring teachers to achieve excellence in finance and business education in line with global best practices, and of actively promoting business education as an important component of tertiary level education that will make graduates more competitive in the global workforce.
The award further cemented HNU's status as one of the best institutions of higher learning nationwide. Furthermore, the university's accountancy education, of which Cañares is a vital element, has been considered by many as one of the nation's finest.
An accountant by profession, Cañares has been managing his consulting office over the past few years. Apart from his being a practicing accountant, he is also an avid researcher. He has presented research papers in the United Kingdom, Greece, Belgium, India, Thailand, Singapore, Ireland and Switzerland.
Cañares took up and finished his Masters in Developmental Economics at the prestigious London School of Economics as a Ford Foundation scholar. He is set to leave for the United States later this year to take up his doctoral studies as a Fulbright scholar.
Rounding up the list of finalists in the annual prestigious search were Dr. Evelita Celis (Technological Institute of the Philippines), for NCR; Dr. Alice Valerio (De La Salle University), for Luzon; and Dr. Virginia Lourdes Yacapin (Xavier University), for Mindanao.
The board of judges was composed by Cesar Buenaventura of BEP Financial Services as chair, and Sanjiv Vohra, Citi Country Officer-Philippines, Gerardo Ablaza Jr., Ayala Corporation's Senior Managing Director, Roberto Borromeo of FINEX Research and Development Foundation, Dr. Libertad P. Garcia of CHED, Hilario Tan of the Asian Institute of Management and National Treasurer Roberto Tan as members.