The chair Rochelle Simons outlines the strengths and achievements of the island branch.
What does the IoD mean to you?
The IoD is a highly respected organisation which supports existing and aspiring business leaders through professional development programmes, advisory services, networking opportunities and engagement with government. Bermuda members benefit from having access to this important network of resources.
What is the IoD’s role to business leaders in your region?
We provide current and future leaders with formal and informal professional development and networking opportunities.
Who do you represent?
IoD Bermuda represents 150 members, men and women, who are directors of local and international companies. A significant number of our members represent the financial, professional and business support services. We also represent a growing number of aspiring directors who are experienced business professionals seeking opportunities to strengthen their leadership capabilities through the IoD programmes.
Which sectors would you like to attract?
There is scope for engagement with all industry sectors on island, including – government and public sector leaders, private companies including financial services, and non-profits.
What is so unique about your region?
Less than a two-hour flight from New York, Bermuda fosters a collaborative business culture that sees government, industry and regulators working together for the jurisdiction’s commercial success. That history has created a highly respected and successful financial centre recognised for worldwide standards of compliance, regulation, transparency and infrastructure. With over 100 tax-treaty partners around the world, Bermuda is rated a first-class domicile by the Organisation for Economic Cooperation and Development (OECD).
Top global service-providers have created a workforce of experienced, internationally trained and qualified professionals. Notably, the island is one of the top three reinsurance centres, the leading market for property catastrophe insurance and insurance-linked securities, and the world’s largest captive domicile.
What does your branch offer business leaders?
The Branch offers members all modules in the Certificate in Company Direction programme, and the 3-day Diploma in Company Direction programme, each calendar year. Throughout each year, we also host Member Briefings, panels presentations, featuring subject experts who address topical business matters. Networking events provide members with informal opportunities to meet and share experiences.
Name something your branch has done that you are particularly proud of?
We are particularly proud of our professional development accomplishments! The Branch offered the first CICD course to members in Bermuda in July 2013. Since then, the Branch has offered each module of the CICD program in every calendar to local delegates, and we facilitate the sitting of examinations, with substantial support from the IoD London. We are pleased to share that at year- end 2017, the Branch register includes 43 CICD holders, 12 Diploma Holders and 3 Chartered Directors.
What are you most looking forward to in the next 12 months?
I am really looking forward to working with the Branch team to advance the organization, having opportunities to meet our members, introducing the IoD to the broader business community, and identifying new initiatives that can enhance local offerings.