IoD Ireland Members' Update
January 2023
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Dear Anne,
I am delighted to note that today marks the 30th Anniversary since the incorporation of the Institute of Directors (IoD) in Ireland on 11th January 1993. I would like to acknowledge and thank all our current and past Presidents, Council members, and staff for their dedication and commitment to getting us to this important milestone. I would also like to acknowledge you, and all our members for your support.
With that in mind, I would like to advise that Thora Mackey CDir, Chief Operating Officer, will be stepping down at the end of January 2023. I would like to thank Thora for her dedication to the IoD over the last 15 years, and all she has done.
Marking our 30th Anniversary is just the beginning for the IoD, as will also be implementing a new strategy that will lead us into the future with the vision to make Ireland an exemplar of corporate governance. Our purpose will be to instil stakeholder trust and confidence in organisations by educating, informing, and supporting directors and business leaders to lead successfully.
I look forward to marking our anniversary with you throughout the year and look forward to hearing your stories about IoD Ireland over the last 30 years.
I am also delighted to note we have published the latest list of recently qualified Chartered Directors (see below). Congratulations to you all.
This ezine’s issue also includes the latest events, director training, exclusive content and benefits available to members, all available below. I hope you find it helpful.
Caroline Spillane CDir
Chief Executive Officer
Institute of Directors (IoD) in Ireland
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IoD Ireland Announces Chief Operating Officer
Thora Mackey CDir To Step Down
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IoD Ireland has announced that Thora Mackey CDir, Chief Operating Officer, will be stepping down at the end of January 2023. During her time with the organisation Thora has been key to its significant growth. Thora has made an invaluable contribution to the development and growth of the IoD and all at IoD Ireland wish her well in her next endeavours.
Thora joined the IoD in June 2008 and also holds the roles of Head of the IoD’s Boardroom Centre and Company Secretary. She became a Chartered Director in 2020 and has held several directorships including on the boards of housing charity, Threshold, and more recently, Chapter Zero Ireland.
President of IoD Ireland, Imelda Reynolds CDir, commented: “We wish Thora every happiness and success in her new endeavours and thank her for her significant contribution to the IoD. She is held in very high esteem by the many members, Council and colleagues who have known her over the past 14 and a half years.”
Chief Executive Officer of IoD Ireland Caroline Spillane CDir, noted: “Thora has made an invaluable contribution to the development and growth of IoD Ireland over the last 15 years. I would like to wish her all the best in her future endeavours.”
Commenting on the announcement Thora Mackey CDir said: “It has been a great privilege and pleasure to work for the Institute over the years and to get to know so many exceptional people. I wish the Council and Caroline and her team every success as the IoD continues to go from strength to strength. Thank you all for your support during the past years.”
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IoD Ireland Celebrates 30th Anniversary | |
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Today marks the 30th Anniversary of the day IoD Ireland was incorporated. Throughout 2023, we will mark our Anniversary in a number of different ways, from a special event, to highlighting individual members (such as Stephen and Cliodhna below), to key moments from the past, and more.
We would love to hear from our members and stakeholders as well on their experiences over the last 30 years. Please share any past stories you may have with the IoD Ireland Communications Team. For now, watch a video of some our highlights from the last number of years below.
Photographed above: Former President of Ireland, Mary Robinson with Former President of IoD Ireland, the late Gillian Bowler.
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Meet a Member | Member of the First Chartered Director Programme Cohort
Cliodhna McGuirk CDir, Founder and CEO, Saadian, and Chartered Director
Cliodhna McGuirk CDir is the Founder and CEO of Saadian. Founded in 2000, Saadian provides critical software and digital services that help keep people safe; supports people in improving their lives; and helps hundreds of organisations function effectively. Its primary focus is on law enforcement where the company provides a prison intelligence product to almost every police force in the UK and a number of sheriffs in California, USA.
Cliodhna qualified as a Chartered Director in 2009 after completing the first cohort of the IoD’s Chartered Director Programme.
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Meet a Member | An IoD Ireland Member Since 1993
Stephen Cloonan, Non-Executive Director at The Conti Group, Shaws Department Stores, Anthony Nicholas Group, The Donnelly Group, and Dortek
Stephen has over 25 years’ experience as a Non-Executive Director and Chair. He is currently a Non-Executive Director (NED) at The Conti Group, Shaws Department Stores, Anthony Nicholas Group, The Donnelly Group, and Dortek. Stephen qualified as a Chartered Accountant with Price Waterhouse (now PwC) in 1981 and, a few years later, did a management buy-out of a small retail business called Harry Moore. He ran and grew that for 14 years before selling it to Dixons Stores Group in 1997. Stephen has worked as a NED/Chair, and occasionally an investor, since.
Stephen has been a member of IoD Ireland since 1993.
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IoD Ireland Christmas Appeal for SVP Ireland | |
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Thank you to all our members and friends who donated to our Christmas appeal for the Society of St. Vincent de Paul (SVP) for 2023, which raised €7,820. All donations were processed directly via the SVP website.
SVP is a member of the Charities Institute Ireland and is fully committed to the Charities Regulator Code, Guidelines for Charitable Organisations on Fundraising from the Public.
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The Irish Property Market Outlook
Thursday, 12th January 2023 | 9:30am - 10:30am| Webinar
In the first of our IoD Briefings Series for 2023,'The Irish Property Market Outlook', Marian Finnegan, Managing Director of Residential and Advisory, Sherry FitzGerald Group, will give an up-to-date commentary on trends in all sectors of the Irish property market and an assessment of the prospects for the sector in 2023 and beyond. Please note, there will be a live Q&A facility for this webinar.
This event is exclusive to IoD Ireland members, and is free of charge.
The IoD Briefings Series is sponsored by Accenture.
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IoD Essentials Workshop Series
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Chairing Boards and Committees
08 February 2023 | 9:30am - 12:30pm
This online workshop on 'Chairing Boards and Committees' will be led by Marie Collins, Chartered Director (CDir).
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Leadership and Governance for Charities in Ireland
22 February 2023 | 9:00am - 4:30pm
This one-day in-person workshop will be held at the Irish Management Institute (IMI) and will be led by Marie Collins CDir, Chartered Director.
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Understanding the Role and Responsibilities of the Board, Its Chair and Directors
28 February 2023 | 9:00am - 4:30pm
This one-day in-person workshop will be held at the Irish Management Institute (IMI) and will be led by John Smyth, Chartered Director (CDir).
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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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Interested in the IoD Chartered Director Programme?
The IoD Chartered Director 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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COVID-19: Extension of Interim Changes to Company Law
Our latest Director Factsheet, from McCann FitzGerald LLP, is a briefing that addresses the further extension of the interim period – to 31st December 2023 – for two of the measures introduced under the Companies (Miscellaneous Provisions) (Covid-19) Act 2020.
The measures extended to 31st December 2023 are the ability of general and creditor meetings to be held virtually and the increase in the amount at which a statutory demand can be issued to €50,000 (such a demand is evidence that a company is unable to pay its debts such as to allow a court to wind up the company).
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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Wide Ranging Changes to Whistle-blowing Laws
This Director Factsheet looks at the Protected Disclosures (Amendment) Act 2022, which was was signed into law on 21st July 2022 and commenced on 1st January 2023. 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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The Business Case for Disability Inclusion
In this blog, written exclusively for IoD Ireland, Christabelle Feeney, Director, Employers For Change, observes that 'we can better serve customers and clients if we are representing them within the core fabric of our organisation'. She writes, 'Ensuring the inclusion of people with a wide range of backgrounds, perspectives, experiences and qualities in employment has potential to advance creativity, innovation and productivity, as well as contributing to a more just society.'
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The Senior Executive Accountability Regime (SEAR): What Directors Need to Know and Do
In this IoD Briefings webcast, recorded on Wednesday, 1st December 2022, Josh Hogan, Partner, McCann FitzGerald LLP, and Donal Hamilton, Partner, Employment, Pensions and Incentives Group, McCann FitzGerald LLP, presented guidance and advice for directors on implementing the Senior Executive Accountability Regime (SEAR) regime.
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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Lunch Bites with Marguerite Sayers, Deputy CEO, ESB, and Chair, ESB Networks
In this Lunch Bites @ the IoD webcast, recorded on Thursday, 10th November 2022, Marguerite Sayers, Deputy CEO, ESB, and Chair, ESB Networks, presented her session titled, 'The Irish Energy Market: What Business Leaders Should Know', in which she discussed the current energy crisis and also spoke about the Government’s Climate Action Plan and its targets, and the role of businesses in achieving these targets.
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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IoD Oireachtas Appearance | The State of ESG Strategy in Irish Boardrooms
IoD Ireland representatives were invited to appear before the Oireachtas Joint Committee on Enterprise, Trade and Employment for a discussion on the Corporate Sustainability and Due Diligence Directive (CSDDD), on Wednesday, 7th December 2022. The IoD representatives included: Caroline Spillane CDir, Chief Executive Officer, IoD Ireland; Karen Hennessy CDir, IoD Ireland Member, and Chief Executive, Real Leaf Farm; and Anne Mannion, Head of Marketing and Communications, IoD Ireland.
During the session, Ms Spillane and the IoD representatives shared the findings of the IoD's research report titled, 'The State of ESG Strategy in Irish Boardrooms', conducted in partnership with the Diligent Institute, as well as other key findings/commentary in regard to the CSDDD. One of the key IoD asks was for the Government and Department to provide further information and detail to directors and business leaders around upcoming pieces of ESG legislation to ensure effective compliance.
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Save the Date | Government Webinar on New Rules for EU Non-Financial Reporting
The EU has published the Corporate Sustainability Reporting Directive (CSRD) and the mandatory reporting standards on environmental, social and governance matters which many Irish based companies will have to meet from 1st January 2024. To explain the new Directive and standards in more detail Department of Enterprise, Trade and Employment are holding a webinar on this key issue on Thursday, 26th January 2022 (10am-12pm). A public consultation will also be launched seeking views to inform Ireland’s transposition of the discretionary options of the transposition of the Directive into national law. For more information, visit the Department's website.
Exchequer Surplus of €5 billion in 2022; Corporation Tax Surpasses VAT
The Department of Finance and the Department of Public Expenditure and Reform have noted that 'an Exchequer surplus of €5 billion was recorded last year, a €12.4 billion swing from the €7.4 billion deficit recorded in 2021. The improvement reflects both the strong growth in tax revenue and the decline in COVID-related public expenditure. Corporation tax receipts ended 2022 at €22.6 billion, ahead of the previous year by €7.3 billion (48 per cent). This means that, for the first time ever, corporation tax receipts were the State’s second-largest income stream last year'.
National Risk Assessment 2023 – Public Consultation
The National Risk Assessment aims to provide a systematic overview of strategic risks facing the country to serve as the basis for political and public discussion and deliberation about their implications. Stakeholders are asked to assess whether the draft risks identified accurately represent the major risks facing the country, whether there are any significant risks that should be added, or whether any of the proposed risks do not warrant inclusion. Proposed risk categories include: geopolitical risks, economic risks, societal risks, environmental risks, and technological risks. Consultation inputs can be submitted to [email protected]. The public consultation will be open until Friday the 17th of February 2023.
Labour Market Pulse
IDA Ireland, in partnership with Microsoft and LinkedIn, has published its latest Labour Market Pulse, which provides an overview of the current insights and trends across the Irish labour market to help inform decision makers across business, academia and public policy. This edition of the Labour Market Pulse takes a closer look at the skills needed to support the transition to the green economy. This is particularly relevant off the back of the recent COP27 conference, where attendees called for more ambitious climate targets and stronger commitments to tackling climate change. This Labour Market Pulse shows the rising importance of green skills among today’s workforces.
Changes to the Employment Permits System
The Government has announced changes to the employment permits system for workers from outside the European Economic Area (EEA) to address skills shortages in Ireland’s Dairy, Transport and Home Care sectors. The changes, which came into effect from 16th December 2022, follow 'constructive engagement' between the Department of Enterprise, Trade and Employment; the Department of Agriculture, Food and the Marine; the Department of Transport and the Department of Health in recent months, and a review of the workforce challenges in these sectors.
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The Commissioners of Irish Lights (Irish Lights) is seeking Expressions of Interest for appointments to its Board. The mission of Irish Lights is Safe Navigation at Sea. It is a maritime organisation delivering essential 24/7 safety and navigation services, 365 days a year. Irish Lights is looking for experienced individuals to join its Board, to support the ongoing development of the organisation. Two appointments will be made in the first quarter of 2023, with a further two appointments later in 2023. Applicants should have Board/Senior Management experience and a specific capability in one or more specific areas. Please see the Irish Lights website for more information. Expressions of Interest should be submitted no later than the 27th January 2023. | |
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In Memoriam
The Institute of Directors in Ireland would like to offer our sincere condolences to the family and friends of David McCarthy, IoD Ireland member, who passed away recently.
May he rest in peace.
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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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