The Institute of Directors today announces the appointment of Lady Barbara Judge CBE as its national Chair. Following an open and extensive recruitment process, Lady Judge will take up her role as the IoD’s first female Chair on the 1st of May.
A trained commercial lawyer with both British and American citizenship, Lady Judge has enjoyed a broad and successful international career as a senior executive, chair and non-executive director in both the private and public sectors. A member of the IoD since 1985, she is currently Chair of the Pension Protection Fund and the Energy Institute of University College London, as well as a non-executive director of Portmeirion Group.
She was previously Chair of the United Kingdom Atomic Energy Authority, Deputy Chair of the Financial Reporting Council and a Commissioner of the U.S. Securities and Exchange Commission.
Commenting on her appointment Simon Walker, Director General of the IoD, said:
“Barbara Judge will bring a wealth of experience to the IoD and I’m delighted to welcome her as our new Chair. Her professional achievements speak for themselves and her experience in boardrooms across size and sector gives her an instinctive understanding of the challenges facing the modern director.
“I’m excited and optimistic about this new phase in the story of the IoD and I have no doubt that Barbara’s contribution will be profound.”
Ahead of taking up the position on in May, Lady Judge said:
“I relish the prospect of chairing an organisation whose contribution to the national debate is every bit as vital as the practical support it offers its members. The IoD is synonymous with the highest standards of professionalism and integrity, and I shall ensure that these values remain at the heart of the organisation.
“Company directors have never been in a position of greater responsibility. The complexity of modern business and the duties placed on directors mean that they need to possess a wide range of skills and experience. Public and political scrutiny is also intense, so our members must continue to make the case for ethical and successful business through their own behaviour.
“I want to cement the IoD’s reputation as the home of good governance, where directors and entrepreneurs are trained to the highest standards and can continue to learn from other business leaders throughout their careers.
“A healthy economy needs an innovative and competitive private sector, led by directors with integrity and entrepreneurial instincts.”
Outgoing Chair, Ian Dormer, said:
“Chairing the IoD must be one of the most rewarding and inspirational jobs in British business. It’s been a privilege to serve so many fascinating and hard-working members, and I hand over the reins secure in the knowledge that Barbara will ensure the IoD continues to go from strength to strength.”
Full biography of Lady Barbara Judge CBE
- Lady Judge received a B.A. from the University of Pennsylvania and Juris Doctor with honours from New York University Law School and was a partner in a major US law firm specializing in corporate and financial transactions. In 1980 Lady Judge was appointed by the President as the youngest-ever Commissioner of the US Securities and Exchange Commission and initiated reforms to open the US capital markets to overseas investors and facilitate Americans investing in foreign securities.
- She moved to Hong Kong in 1983 as the first woman main board executive director of a London merchant bank, Samuel Montagu & Co. She then held a series of senior positions in banking in the US and UK. Since 2010 Lady Judge has been Chair of the UK Pension Protection Fund.
- Prior thereto, she served as Chair of the United Kingdom Atomic Energy Authority from 2004 to 2010, overseeing the development and sale of its commercial arm, UKAEA Ltd, part of a major restructuring of the UK nuclear industry. During this time, she also served on the board of directors for the UK Government’s Energy Group and was a non-executive director of the then Department for Constitutional Affairs. From 2004 to 2007 she was Deputy Chair of the Financial Reporting Council and from 2007-2009 she was a public member of the International Ethics Standards Board for Accountants.
- Over the twenty-one years that she has lived in Great Britain, she has served on numerous boards of directors of large, medium and small companies, and has chaired many of them. She has been a member of the IoD since the 1985 and was appointed to the Board and Council while Tim Melville-Ross and George Cox served as Directors General. She was one of the creators and the principal draftsman of the IoD’s Chartered Directors Programme. Also at the request of the IoD, she has chaired two women’s conferences in order to give the IoD a leadership role on this issue.
- She is currently Chair of the Energy Institute (University College London) and a Governor of the Ditchley Foundation, as well as a member of the Board of Dementia UK.
- In June 2010 she was awarded Commander of the British Empire in the Queen’s Birthday Honours for services to the nuclear and financial services industries.