Bernie Milano is now a bonafide legend – a NABA legend that is, as the National Association of Black Accountants honored the president of the KPMG Foundation and The PhD Project for his commitment to increasing the diversity of business school faculty.

Milano received the honor at NABA’s second annual Legends Luncheon called “A Tribute to Trailblazers and Pathmakers.”

“It was our privilege to honor Bernie as a NABA legend,” said Shariah Dixon-Turner, executive vice president and national convention chair for NABA. “Through his efforts and the Foundation’s commitment to the PhD Project, more African Americans are enrolling in accounting doctoral programs and furthering the mission of NABA, by inspiring and developing the next generation of business leaders.”

The PhD Project was created to address the under-representation of African Americans, Hispanic Americans and Native Americans on business school faculty.  When the program started there were 294 doctorally qualified minority business professors in U.S. business schools. Today there are 1,043 minority business professors – an increase of more than 250 percent.

“The impact that The PhD Project has had on increasing the number of qualified doctoral minority professors since its establishment is phenomenal,” said Frank Ross, visiting professor of accounting at Howard University School of Business and founder and first president of NABA. “Bernie and the KPMG Foundation deserve all the credit for making this possible.”