IoD Ireland Members' Update
April 2023
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Dear Anne,
I hope this finds you well.
Last month the Central Bank (Individual Accountability Framework) Act 2023 was signed into law by Michael D. Higgins, President Of Ireland. Following this the Central Bank of Ireland (CBI) launched a consultation on key aspects of the implementation of the Individual Accountability Framework (IAF), including the publication of draft regulations and guidance. IoD Ireland will be reviewing and responding to this consultation through the lens of best-in-class governance, with the aim of feeding back insights and perspectives from our membership and fulfilling our mission to make Ireland an exemplar of corporate governance standards. To this end, we will be in touch again shortly to garner your thoughts on the CBI's consultation and related regulation and guidance. We will also continue to provide guidance and support to members on this significant regulatory initiative through our range of exclusive member content. Please see the panel below for our latest Director Factsheet on the IAF and a link to a previous IAF-based webcast.
Last week we were delighted to host a webinar with Martin Fraser, Ambassador of Ireland to the UK. In this session Ambassador Fraser reflected on the 25th anniversary of the Good Friday Agreement, noting its lasting impact and the role of Brexit. I was delighted that we were also joined by Gordon Milligan, Chair of IoD Northern Ireland. As Martin reflected in his address, the importance of north-south cooperation is essential, and we look forward to engaging and working more with IoD Northern Ireland.
This ezine’s issue also includes the latest events, director education programmes, exclusive content and benefits available to members, all outlined below.
Wishing you all a very happy Easter.
Caroline Spillane CDir
Chief Executive Officer
Institute of Directors (IoD) in Ireland
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The Individual Accountability Framework | |
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Director Factsheet
Read this Director Factsheet, courtesy of McCann FitzGerald, highlighting the key aspects of the Central Bank Consultation on the Individual Accountability Framework.
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Webcast
Watch back this Briefings webinar with Josh Hogan, Partner, McCann FitzGerald LLP, and Donal Hamilton, Partner, Employment, Pensions and Incentives Group, McCann FitzGerald LLP. The session is titled, 'The Senior Executive Accountability Regime (SEAR): What Directors Need to Know and Do'. This webinar was recorded on 1st December 2022, and looks at the discussed implementation of the new regime, and provides guidance and advice for directors.
The IoD Briefings series is kindly sponsored by Accenture.
| Please note: To view this members’ only content, you must be logged into the members' area of our website. | |
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Data Protection - A Boardroom Matter with Helen Dixon
Thursday, 13th April 2023 | 5:00pm - 6:45pm | Westbury Hotel, Dublin 2
Join this upcoming in-person event with Helen Dixon, Commissioner, Data Protection Commission, on the data obligations all business leaders and directors should be aware of for their organisation. Please note, place are now limited.
The IoD Briefings Series is sponsored by Accenture.
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How Sustainability is Changing the Role of a CFO
Thursday, 11th May 2023 | 9:30am-10:30pm | Webinar
Join our upcoming Briefing webinar titled, 'How Sustainability is Changing the Role of a CFO', with Ken Bowles, Group Chief Financial Officer, Smurfit Kappa, who will explore the direct impact that sustainability practices have on financial performance.
The IoD Briefings Series is sponsored by Accenture.
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Joining an Audit and Risk Committee
In-class Workshop | Irish Management Institute
25th April 2023 | 9:00am - 4:30pm
Audit and Risk Committees have a critical role to play in the governance of an organisation. This practical workshop, led by Martina Maher CDir, Chartered Director, will equip you with the essential knowledge to fulfil your role with confidence and success.
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The Changing Role of the Company Secretary
In-class Workshop | Irish Management Institute
9th May 2023 | 9:00am - 4:30pm
Get a detailed and practical review of the fundamental elements of a company, its board and governance structure, and the role of the company secretary from both the legislative and best practice perspective, in this workshop led by John Smyth CDir, Chartered Director.
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Getting Yourself Board Ready
Online Workshop
11th May 2023 | 9:30am - 12:30pm
Understand board fundamentals, director effectiveness and best practice, in this essential workshop led by Carol Bolger CDir, Chartered Director.
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Latest Qualified Chartered Directors Announced
We are delighted to publish the latest list of recently qualified Chartered Directors. As part of this qualification, newly qualified Chartered Directors may also use the designation CDir after their name.
The Chartered Director Programme is a unique qualification for directors and strategic business leaders combining learning and professional experience. This sought-after programme has been running in Ireland since September 2008 and is delivered exclusively by IoD Ireland.
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Lunch Bites @ the IoD with Martin Fraser, Ambassador of Ireland to the UK | Webcast
Watch back our webcast with Ambassador of Ireland to the UK Martin Fraser as he reflected on the 25th Anniversary of the Good Friday Agreement. This webinar was recorded on Thursday, 30th March 2023.
The Lunch Bites @ the IoD series is kindly sponsored by IQ-EQ.
Please note: To view this members’ only content, you must be logged into the members' area of our website. For more webcasts, please visit our website.
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ESG Reporting and the Annual Report: What Directors Need to Know | Webcast and Slides
Watch back this webcast with Kevin Prendergast, Chief Executive, Irish Auditing & Accounting Supervisory Authority, as he outlines what directors need to know on this essential topic. The slides are also available on this website page.
The IoD Briefings series is kindly sponsored by Accenture.
Please note: To view this members’ only content, you must be logged into the members' area of our website. For more webcasts, please visit our website.
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Generation Equal By Accenture
Accenture have launched a new initiative called Generation Equal to show case unique stories and lived experiences of LGBTQ+ young people and those from ethnic minority backgrounds, to generate conversations around the real issues on diversity and inclusion facing young people today.
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The campaign was created with the support of spunout, Ireland’s leading youth and mental health website, Youth Action Panels, produced alongside Event FUEL and director Eamonn Murphy. For more information about this campaign visit Accenture’s website. | |
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Featured Member Benefit
The Business Post Digital Subscription
IoD members can avail of an exclusive subscription rate to the digital edition of Business Post for €90 + VAT (9%) for 12 months. This is reduced from the current special offer of €149 for 12 months.
Each digital subscription will include:
- Full access to the Business Post website with daily news updates
- Access to the Business Post e-reader
- Access to daily newsletters from Monday-Sunday
- Access to the archive
- Access is also available on three different devices.
Please note: To view this member offer, you must be logged into the members' area of our website.
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Meet a Member
Siobhán Cahalan, Founder and CEO, Wisdom and Vision Ltd
Siobhán Cahalan is Founder and CEO of Wisdom and Vision Ltd. Siobhán has extensive international experience as a governance coach.
Through 1:1 coaching and facilitated workshops, she supports Boards, CEO’s and senior leaders to gain confidence to enable them to develop themselves and their organisations. Find out more below.
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Welcome to Our Newest Members
A warm welcome to some of our newest members:
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| Nick Barry, Chief Financial Officer, Allergy Standards Limited | Rachel Lee, Head of Legal, Greenval Insurance DAC. | | Fionnuala Coburn, Global Director, Service Optimization, Airbnb | Dr. Dorothy Maxwell FICRS, Head of Sustainability and ESG Advisory, Davy Horizons at Davy Group | | Niamh Donagh, Director, Global Partnerships, Google | Claire O'Donnell, Chief Executive Officer, ALD Automotive | | Katie Dwyer, Director of Finance and Operations, BoatyardX Ltd. & Board Director, Irish Sailing | Cara Ryan, Chief People Officer, Clúid Housing Association | | Laurent Frainais, CEO / COO, Boku Network Services IE Ltd. | Joanne Seery, Marsh McLennan Innovation Centre Leader, Marsh McLennan | | Jane Harte, Financial Consultant FCA, Owner Director, GoldenHarte Ltd | Pat Sheehan, Chartered Tax Advisor / Partner, BDO | | |
The IoD Ireland Board Evaluation Service allows your organisation to learn how effectively your board is executing its roles and responsibilities. The service is efficient, robust, and completely confidential. | |
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IoD Ireland's Boardroom Centre is the leading independent source of non-executive directors and chairpersons in Ireland, and supports IoD members on their non-executive journey.
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IoD Ireland's Bespoke Board Training in corporate governance delivers, in a confidential setting, effective solutions for the development needs of your board.
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General Queries
Should you have any queries relating to anything in this newsletter please get in touch, and we'd be happy to help T: 353 1 411 0010. E: [email protected]. You can also follow us on our social network channels, Twitter and LinkedIn.
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