• 18 Jul 2024
  • Online

IoD Code of Conduct Public consultation

Learn more about the IoD's newly commissioned Code of Conduct for Directors and share your views

On 6 June 2024 the IoD published a consultation document on a Code of Conduct for Directors. Produced by a commission chaired by Lord McNicol of West Kilbride and supported by BDO, it aims to provide a behavioural framework for directors to help build trust in UK business.

Online bookings for this event have now closed, if you wish to attend please use the link below. https://us06web.zoom.us/webinar/register/WN_suhzlaIqRCSw32GVIsz8Kw

The Code represents a voluntary commitment and is not intended to hold back directors or create a new burden of compliance. The six key 'Principles of Director Conduct' are:

  • Leading by Example – demonstrating exemplary standards of behaviour in personal conduct and decision-making.
  • Integrity – acting with honesty, adhering to strong ethical values, and doing the right thing.
  • Transparency – communicating, acting and making decisions openly, honestly and clearly.
  • Accountability – taking personal responsibility for actions and their consequences.
  • Fairness – treating people equitably, without discrimination or bias.
  • Responsible Business – integrating ethical and sustainable practices into business decisions, taking into account societal and environmental impacts.

Read the consultation document here: IoD public consultation on a Code of Conduct for Directors | Institute of Directors

We invite the business community and the general public to attend this 1-hour session to learn more about the Code of Conduct and have the opportunity to share your views as part of the public consultation process.


Alex Tamlyn, DLA Piper

Alex Tamlyn is a partner of DLA Piper and chairs DLA Piper’s Boardroom Counsel practice.
He is a member of the firm’s Sustainability and ESG steering group. In July 2018, Alex became a director of London main market listed British & American Investment Trust plc. He serves as Chair of the Primary Markets Group of the London Stock Exchange. In 2021 and 2022 Alex was appointed to the Advisory Boards of, respectively, the Institute of Directors Centre for Corporate Governance and the Cambridge University Institute of Sustainability Leadership. Alex led DLA Piper’s EMEA Capital Markets practice from 2003-2023.

Deshpal Panesar KC, Barrister

Deshpal Panesar is a barrister and member of the Bar Council, the former Chair of Employment Law Bar Association, Chair of the EAT user group, and a member of ELBA, the ELA and ILS.

Deshpal is a specialist in Employment Law and works at the forefront of employment and discrimination litigation. Deshpal regularly acts in complex, high value claims and has a heavy successful appellate practice.

Dr Ian Peters MBE, Institute of Business Ethics

Ian Peters has been Director of the Institute of Business Ethics (IBE) since May 2020. In addition to leading the IBE’s team of researchers and advisers Ian works with company boards and senior leadership to support them in promoting ethical culture.
Ian serves on a number of external bodies including: the Financial Reporting Council Stakeholder Insight Group, the Public Relations and Communications Association Ethics Council, the Chartered Institute for Securities and Investment Integrity Committee and the University College London Centre for Ethics and Law Advisory Panel. He also chaired the Chartered Governance Institute’s Board Performance Review Working Group and is a member of the CBI’s Culture Advisory Committee.

Dr Roger Barker, IoD

Roger has been the IoD’s Director of Policy and Corporate Governance since September 2020. He also served as Director of Corporate Governance and Professional Standards at the IoD from 2008-2016. He is honorary associate at the Centre for Ethics and Law at University College London and was previously managing director of Governomics Ltd, a corporate governance advisory firm. He is also the author of numerous books and articles on corporate governance and board effectiveness.

Liz Barclay, Small Business Commissioner UK

Liz has been the UK’s Small Business Commissioner for the past 3 years. She was previously a small business, personal finance and consumer affairs broadcaster, journalist, writer and author, and is a communications skills coach, and international and national conference speaker and facilitator. Liz also has a wealth of experience as a chair and NED on boards in the private and charity sectors.

Paul Hockley, BDO

Paul is a Director within BDO's Ethics & Compliance (E&C) service line and focuses on helping businesses build and embed E&C frameworks and managing and mitigating E&C risks. Paul has been a practising solicitor for 25 years and is a former Army Officer and in house legal counsel with the Home Office. Prior to joining BDO Paul held senior roles in E&C with Serco, Centrica and most recently as the Group Head of Ethics & Compliance at Mott MacDonald.

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