Governance roles

The Institute of Directors (IoD) is a Professional Institute with Members which promotes directors, develops corporate governance, represents our members and business to government, enhances the climate for entrepreneurial activity and provides services to our membership.

The IoD is looking for four outstanding candidates to join our Council, one outstanding candidate to join our Audit and Risk Committee and two outstanding candidates to join our Membership Committee.

All appointments will be based on merit.

Council Members

The Council is the membership oversight body and is comprised of Regional Representatives (13), Elected Members (13) and the IoD Chairman. We currently have four elected member vacancies.

Candidates are required to have strong intrinsic capabilities along with at least one of the following skills: IT, Global, Property/Legal, Finance/Funding and Start-up/Entrepreneurial. The core intrinsic capabilities that should be demonstrated are: corporate governance; strategic oversight; finance skills; the understanding of the differences between management, direction and ownership; the ability to challenge colleagues effectively; and an appreciation of the core objects of the IoD. The candidate will also need to demonstrate their ability to work as part of a team. The balance of skills with other Council members will be considered before final selection. The IoD would welcome Chartered Directors or those progressing towards Chartered Director.

The Council members are expected to be available for four half days a year and will also receive invitations to various events which are outside the core responsibilities of the role. In addition, some Council members may choose to serve on Committees and this will bring with it a commitment of at least three additional half days. Council positions are not remunerated; however, expenses will be paid in line with the IoD’s expense policy.

Overview of the appointment process - Council

The process is being carried out with oversight from the Nomination Committee (a Committee of the Council) in line with our constitutional requirements. Elected Council members are appointed by the membership at the AGM, following recommendation by the Nomination Committee. Interviews for these positions will take place after the 2014 AGM notice and therefore the Council will appoint these positions directly until the 2015 AGM vote on these positions.

Application will close on 2 June 2014

If you wish to register your interest for these roles or for future roles please email the Institute Secretary at Governance@iod.com with your CV. Interviews will be held on 18 July 2014; please advise us if you are unable to attend on this day.

Audit and Risk Committee Members

The Audit and Risk Committee (ARC) is a Committee of the Board. The ARC monitors the integrity of the annual report and accounts, oversees the relationship with the External Auditor, monitors internal controls, governance and risk management and reviews the adequacy of arrangements for compliance, whistleblowing and fraud prevention.

The candidate is expected to have strong core intrinsic capabilities of corporate governance; strategic oversight; finance skills; the understanding of the differences between management, direction and ownership; the ability to challenge colleagues effectively; and an appreciation of the core objects of the IoD. The candidate will also need to demonstrate their ability to work as part of a team. The IoD would welcome Chartered Directors and those working towards Chartered Director. To enhance the skills present within the Committee, the following skills would also be desirable: Legal, Risk Management, HR/People expertise, Sales, Marketing & Operations and Property. The balance of skills with other Committee members will be considered before final selection.

ARC members are expected to be available for three to four half days per year. Positions are not remunerated; however, expenses will be paid in line with the IoD’s expenses policy.

Overview of the appointment process – ARC

The process is being carried out with oversight from the Board and the Committee. In line with best practice and to initiate the process, we undertook a full skills review of existing members, which allowed us to map out the skills required in the recruitment campaign, together with noting upcoming future succession. Each candidate also needs to have strong intrinsic board capabilities which will ensure that they are competent in their roles. All appointments will be appointed on merit. The appointment panel will carry out formal criteria based interviews to ensure that candidates meet the criteria.

Application - The applications will close on 2 June 2014

If you wish to register your interest for these roles or for future roles please email the Institute Secretary at Governance@iod.com with your CV. Interviews will be held on 23 June 2014; please advise us if you are unable to attend on this day.

Membership Committee Members

The Membership Committee is appointed by the Board to ensure enhancement of perceptions of the IoD as a Professional Institute with Members. It acts as a consulting and advisory body to give ideas, guidance and feedback for member and prospect member experience. The Membership Committee (MemCom) also reviews member conduct issues.

The candidate is expected to have core intrinsic capabilities of strategic oversight; corporate governance; finance skills; the understanding of the differences between management, direction and ownership; the ability to challenge colleagues effectively; and an appreciation of the core objects of the IoD. The candidate will also need to demonstrate their ability to work as part of a team. To complement our current MemCom members, the following skills would also be desirable: Communications experience and Professional Institute/Membership Non-Executive or Executive Director experience. The Panel will also give consideration to regional and sector balance. The IoD would welcome applications from Chartered Directors or those progressing towards Chartered Director.

MemCom members need to commit to three half days per year. Positions are not remunerated; however, expenses will be paid in line with the IoD’s expense policy.

Overview of the appointment process – MemCom

The process is being carried out with oversight from the Board and the Committee. In line with best practice and to initiate the process, we undertook a skills requirement review and mapped out the skills required in this recruitment campaign together with noting upcoming future succession. Each candidate will need to have strong intrinsic capabilities in a number of areas; this will ensure that they are competent in their roles. All appointments will be based on merit. The appointment panel will carry out formal criteria based interviews to ensure that candidates meet the criteria.

Application - The applications will close on 2 June 2014

If you wish to register your interest for these roles or for future roles please email the Institute Secretary at Governance@iod.com with your CV. Interviews will be held on 27 June 2014; please advise us if you are unable to attend on this day.

Overview of the Governing Bodies

Governing Bodies

Function of the Council

The Council’s function is set out in our Constitution. The function of Council is to approve constitutional changes, approve Board appointments and Regional Council members, fill vacancies in the Council between AGMs, appoint the Nomination Committee, appoint and remove the Director General, appoint and remove members of the Board, approval of any matter which would materially affect the nature or development of the Institute, review the overall performance of the Board and act as a consulting body to the Board.