IoD Ireland Members' Update
August 2022
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Dear Anne,
I was delighted to meet so many members recently at the IoD Ireland Summer Reception at the beautiful Airfield Estate. As the new Chief Executive of IoD Ireland, it was an ideal opportunity to hear first-hand our members’ feedback and views on a range of issues and services in a social context. Such events are also invaluable networking opportunities, and I would encourage participation and attendance at our Autumn Lunch on Friday, 23rd September, featuring guest speaker, David McRedmond, Chief Executive Officer, An Post. The pandemic has had a significant impact on so many people and businesses, and notably so in the case of An Post, so it is sure to be a fascinating and engaging occasion for members in both executive and non-executive positions. (See panel below on how to book.)
One of the topics that arose a number of times during my conversations with members at Airfield Estate was ESG. Indeed, in our Director Sentiment Monitor survey of members, published in January 2022, 83% of members who completed the survey believe there is an onus on business organisations to ‘lead from the front’ with regard to implementing more ambitious environmentally friendly practices and Net Zero targets. The fact that the IoD’s ESG course beginning in September, ‘Leading Sustainability: What Directors Need to Know and How to Do It’, is now booked out (we are now operating a cancellation list) further confirms the high level of interest in this area and the IoD will be offering more training, information and content offerings to members over the coming months. Furthermore, I should add that IoD Ireland is a founding body of Chapter Zero Ireland. Chapter Zero Ireland’s purpose is to build a community of non-executive directors and equip them to lead crucial boardroom discussions in Ireland on the impacts of climate change.
I look forward to meeting many more members over the coming months. In the meantime, enjoy the rest of the summer.
Thank you.
Caroline Spillane CDir
Chief Executive
Institute of Directors (IoD) in Ireland
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The IoD Ireland Autumn Lunch 2022
with Guest Speaker, David McRedmond, Chief Executive Officer, An Post
Friday, 23rd September 2022 | 12:30 - 3:00 pm
Tickets for the event are €100 per person or €1,000 for a table of ten. Please note, tables of 10 are the maximum available.
Sponsored by Odgers Berndtson
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Putting Brand at the Heart of Your Financial Strategy
Thursday, 25th August 2022 | 2:30 –4:00 pm
This online seminar is in partnership with the Institute of Advertising Practitioners in Ireland (IAPI), and is also being held in association with The Irish Times. It features leading executive speakers from different industries who examine the relationship between long lasting brand strategies and business performance.
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Understanding the Role and Responsibilities of the Board, Its Chair and Directors
21st September 2022 | 9:00 am - 4:30 pm
Trainer: John Smyth, Chartered Director (CDir)
Format: In-class workshop
Location: Irish Management Institute (IMI), Sandyford Road, Sandyford, Dublin 16
Cost: €425 ex VAT for IoD members; €485 ex VAT for non-members
This workshop is part of the IoD Essentials Workshop Series.
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Joining an Audit and Risk Committee
4th October 2022 | 9:00 am - 4:30 pm
Trainer: Martina Maher, Independent Non-Executive Director
Format: In-class workshop
Location: Irish Management Institute (IMI), Sandyford Road, Sandyford, Dublin 16
Cost: €425 ex VAT for IoD members; €485 ex VAT for non-members
This workshop is part of the IoD Essentials Workshop Series.
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Become a Chartered Director
The IoD programme is the gold standard of director training, and the only body in Ireland that provides the full designation and recognition as a professional Chartered Director (CDir). By joining the programme, participants can build relationships with peer business and public service leaders in Ireland.
Register your interest today to take the next step in your professional career.
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Wide Ranging Changes to Whistle-blowing Laws
Our latest Director Factsheet, from McCann FitzGerald LLP, looks at The Protected Disclosures (Amendment) Act 2022, which was signed into law on 21 July 2022 and is expected to be commenced shortly. The Act, which transposes an EU Directive on whistle-blowing into Irish law, will further strengthen the protection of whistle-blowers under the Protected Disclosures Act 2014, and impose significant additional new obligations on employers and others who receive protected disclosures.
Please note: To read this members’ only content, you must be logged into the members' area of our website. For more Director Factsheets, please visit our website.
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IoD Webcast
State Boards - Making a Difference
Sponsor: Accenture
Speakers: Shirley Comerford, Chief Executive Officer, Public Appointments Service, and Michelle Noone, Head of Senior and Executive Recruitment, Public Appointments Service.
In this IoD Briefings webcast, recorded on Thursday, 16th June 2022, Shirley Comerford, Chief Executive Officer, Public Appointments Service, and Michelle Noone, Head of Senior and Executive Recruitment, Public Appointments Service, presented their session titled 'State Boards - Making A Difference'.
In the course of their presentations, Shirley and Michelle addressed the State Board recruitment process, and what potential applicants should be mindful of before they submit their application.
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Meet a Member
Dr John Canacott, CEO, Wonder, Independent Non-Executive Director, and Board Advisory Member
Dr John Canacott is CEO of Wonder, a consultancy that works with a number of clients on strategy, sales and marketing, and business development across healthcare, digital and other sectors. John has been CEO of Wonder for almost 10 years, and he has extensive board experience He also acts as an Independent Non-Executive Director (INED) and Board Advisory member to several organisations.
John is a serial entrepreneur having developed a number of successful companies. He holds a Doctorate in Marketing and an MBA from Durham University, where he is a member of the Adjunct Faculty. He joined the IoD in 2011.
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Members in the News
The Minister for Public Expenditure and Reform, Michael McGrath TD, has announced the appointment of Barbara Cotter as the Chairperson of the Top Level Appointments Committee (TLAC).
Annette Flynn CDir has been appointed as a Non-Executive Director to the board of The Irish Times DAC (Designated Activity Company).
Claudia Carr has been appointed Partner at BearingPoint, the independent management and technology consultancy, and she will be leading its People and Strategy Practice.
Deirdre Collier and Tom Enright have been appointed to the Board of the Housing Finance Agency until May 2027.
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Featured Member Benefit
IoD members can avail of discounted accommodation and green fee rates at the five-star Druids Glen Hotel & Golf Resort and discounted rates at its sister hotel the Royal Marine Hotel, Dun Laoghaire.
Druids Glen is nestled in 360 acres of countryside between the Wicklow Mountains and the Irish Sea, yet only forty minutes from Dublin Airport and thirty minutes from Dublin city centre. The Royal Marine Hotel in Dun Laoghaire, Dublin, is an historic and much-loved luxury landmark hotel and a favourite with the locals, this hotel dating back to 1828 is an impressive sight on the Dun Laoghaire skyline.
Benefit Availability
This benefit is available to all members until 31st December 2022.
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Latest Government and Stakeholder News
The Corporate Enforcement Authority
A new watchdog to crack down on corporate wrongdoing has been established. The Corporate Enforcement Authority (CEA) is a new statutory independent agency with the staff and resources to investigate and prosecute breaches of company law. The Act invests the CEA with the same functions and powers that the Director of Corporate Enforcement has with some modifications to reflect the new commission structure. These include encouraging compliance with the Companies Act 2014, investigations of suspected offences and non-compliance under that Act, prosecution of summary offences, referring indictable offences to the Director of Public Prosecutions and the exercise of certain supervisory functions with respect to liquidators and receivers.
The Circular Economy and Miscellaneous Provisions Act 2022
Amongst its range of provisions, the Circular Economy and Miscellaneous Provisions Act 2022 incentivises the use of reusable and recyclable alternatives to a range of wasteful single-use disposable packaging and other items. It also introduces a mandatory segregation and incentivised charging regime for commercial waste, similar to what exists for the household market. This will increase waste separation and support increased re-cycling rates.
Charities Regulator Annual Report 2021
The Charities Regulator has urged all charities across Ireland to comply with their legal requirements in order to boost overall public confidence in the sector. This follows the publication of its Annual Report 2021.
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Board Evaluation Service | |
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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Blogs
If you are interested in contributing to our blog or for further information, please contact Paul O'Mahony at [email protected] or call +353 1 411 0010.
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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