Governance roles

The Institute of Directors (IoD) is a Professional Institute which promotes directors, develops corporate governance, represents our members to government, enhances the economy for business development and provides services to our membership. The IoD is looking for three outstanding candidates to join our Board and two outstanding candidates to join our Council.

Non-Executive Directors

The Board of the IoD provides the strategic oversight of the organisation and is made up of Non-Executive and Executive Directors.

We are currently looking for three outstanding candidates, who have significant experience in at least one of the following areas:

  • Governance
  • International/Emerging Markets
  • Technology sector
  • Finance/Funding
  • FTSE Boards

The IoD would welcome Chartered Directors and an additional Certified/Chartered Accountant to the Board.

In addition to these specific skills, 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. We will also seek to achieve a balance between independent NXD’s and NXD’s with IoD membership experience.

Board members are expected to be available for at least 12 half days a year. This includes Board meetings, a two day strategy day, committee meetings and Council attendance. The Board members will also receive invitations to various events which are outside the core responsibilities of the role.

This position has now been filled.

Council Members

The Council is the membership oversight body and is comprised of Regional Representatives and Elected Members. We currently have two elected member vacancies and are looking for two members who have IoD international membership experience.

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 three additional half days.

This position has now been filled.

Application - These applications have now closed

If you wish to register your interest for future roles please email the Institute Secretary Loretto.Leavy@iod.com

Overview of the appointment process

The process is being carried out with oversight from the Nomination Committee (a Committee of the Council) in line with our constitutional requirements.

The Nomination Committee recommends to Council the appointment of the Non Executive Board Members and also the appointments of Council members until the next AGM meeting. Elected Council members are appointed by the membership at the AGM. Regional Members on Council are recommended by the Regional Committees and approved by Council.

Process

In line with best practice, to initiate the process we undertook a full skills review of both the Council and the Board and mapped out the skills required in this recruitment campaign together with noting upcoming future succession. We also considered the output from the membership survey this year and the key priorities of exporting and funding which was mentioned. You will note that each candidate also needs to have strong intrinsic capabilities in a number of areas which will ensure that they are competent in their roles.

All appointments will be on merit. A panel from the Nomination Committee has been selected and they will carry out formal criteria based interviews to ensure that they meet the criteria.

Overview of the Governing Bodies

Function of the Board
The Board sets the strategy of the IoD and oversees management

Function of the Council

The Council’s function set out in our Constitution. It is to approve constitutional changes, approve candidates for elected members of Council, veto Regional Council members, to 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 effect the nature or development of the Institute, review the overall performance of the Board and act as a consulting body to the Board.

A graphical representation of our full governance structure can be found on this pdf