IoD Ireland Members' Update
November 2022
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Dear Anne,
Hope this finds you well after the long weekend.
We launched our latest Director Sentiment Monitor research for Q3 2022 yesterday, focusing on the key area of diversity and inclusion on boards.
This new research found that business leaders favour targets over quotas when it comes to board diversity and inclusion. I will be highlighting this research to Government and encouraging the Cabinet to work further with businesses to achieve greater diversity. It is important to note that while targets are important, there are many diverse and important criteria to be considered in selecting board candidates in pursuit of a diverse and inclusive board. Nevertheless, all boards will need to be aware of the current Government and EU targets and commitments with regard to gender targets in particular in this area.
Some key enablers that allow for diversity and inclusion include the board having a board composition policy and an organisational diversity policy/statement in place. These elements will help foster a commitment from the board and organisation to ensure an inclusive organisation. I would recommend all directors and boards who do not currently have these policies in place, to review and to investigate this area.
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.
Thank you.
Caroline Spillane CDir
Chief Executive Officer
Institute of Directors (IoD) in Ireland
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Diversity and Inclusion| New IoD Ireland Research
As noted above, our latest Director Sentiment Monitor for Q3 2022 was published yesterday, focusing on the key area of diversity and inclusion on boards.
The report was covered on RTE’s Morning Ireland, Newstalk’s Breakfast Business with Joe Lynam, The Irish Times, RTE online, Silicon Republic, and the Irish Independent.
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What Charity Directors Need to Know to Ensure Good Governance
Thursday, 3rd November 2022 | 9:30am - 10:30am| Webinar
At the IoD Briefing webinar Áine Myler, CEO, Charities Institute Ireland, and Madeleine Delaney, Director of Legal Affairs and Registration, Charities Regulator, will give their insights on the charity sector.
The IoD Briefings Series is sponsored by Accenture.
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Lunch Bites with Marguerite Sayers
Deputy CEO, ESB, and Chair, ESB Networks
Thursday, 10th November 2022 | 12:00pm - 1:00pm | Webinar
In this Lunch Bites @ the IoD webinar, Marguerite Sayers will discuss a session titled ‘The Irish Energy Market: What Business Leaders Should Know’.
The Lunch Bites @ the IoD Series is kindly sponsored by IQ-EQ.
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IoD Ireland Christmas Lunch 2022
Friday, 9th December 2022 | 12:30pm - 3:30pm | Intercontinental Hotel, Dublin 4
Book your place at this key networking events for directors and business leaders. The IoD Ireland Christmas Lunch will be held at the InterContinental Hotel, Dublin 4, on Friday, 9th December 2022.
Comedian Colm O’Regan will provide the entertainment for the Lunch. Please see our website for further details.
The Lunch is kindly sponsored by Presidio.
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Finance for Company Directors
16th November | 9:30am - 4:30pm
Trainer: Caroline Kirrane, CFA Charterholder
Format: In-class workshop
Cost: €425 ex VAT for IoD members; €485 ex VAT for non-members.
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Getting Yourself Board Ready
17th November | 9:30am - 12:30pm
Trainer: Carol Bolger, Chartered Director
Format: Online workshop
Cost: €225 ex VAT for IoD members; €275 ex VAT for non-members.
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Great Strategy in Uncertain Times
23rd November | 9:30am - 12:30pm
Trainer: Professor Simon Haslam, Chartered Director
Format: Online workshop
Cost: €225 ex VAT for IoD members; €275 ex VAT for non-members.
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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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Update on Directors' Duties
Our latest Director Factsheet, from McCann FitzGerald LLP, gives an update on Directors' Duties.
It looks at how recent decisions handed down by the High Court and Court of Appeal provide a useful reminder of how directors must act and to whom their duties are owed. A key element includes the point that directors must act in what they consider to be the interests of 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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Why Gender Diversity Merits More Board Attention
In this blog, written exclusively for IoD Ireland, Aileen O'Toole, Chartered Director and Co-Founder of Woman Up, discusses how boards consider gender diversity and what they need to consider, to ensure they are gender diverse and equitable.
Please note: To read this members’ only content, you must be logged into the members' area of our website. For more blogs, please visit our website.
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Over One in Ten of Menopausal Women are Leaving the Workplace Due to their Symptoms
There is still a real taboo when it comes to menopause at work. While some menopausal women receive help and understanding from colleagues and managers, many are too embarrassed to discuss the issue or think their manager would be embarrassed.
Read this essential blog by Loretta Dignam, CEO & Founder, The Menopause Hub, on what employers can do to support women in the workplace, at this transitional period of their lives.
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Strategy and the Challenges in the Current Environment
Watch our IoD Briefings webcast with Professor Simon Haslam CDir, and Director, FMR Research Ltd, on a session titled, ‘Strategy and the Challenges in the Current Environment’.
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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The Economic Outlook
View the presentation from our Lunch Bites @ the IoD event with Professor Alan Barrett, Chief Executive Officer, Economic and Social Research Institute (ESRI), on Thursday, 13th October 2022.
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 presentations, please visit our website.
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Welcome to Our Newest Members
A warm welcome to some of our newest members:
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Michael Byrne, CEO, Core Credit Union & Vice President, Irish League of Credit Unions
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Paul Connell, CEO, Pure Telecom Limited
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Brian Cremin, Managing Partner, 3SIXTY - the Business Improvement Specialists
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Tara De Buitléar, Marketing Manager, Ulster Bank, Non-Executive Board Member of Partas & Non-Executive Board Member of Tallaght Community Council
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Chanelle Dunne, Non-Executive Director, Adrian Dunne Pharmacy Group
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Paul Gillen, Managing Director, Barclays Europe
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John Halvey, Cadence Design Systems Ireland, Director, Global Procurement
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Kevin Hollingsworth, Managing Director, Omega Surveying Services
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Niall Jones, Head of Listing – Ireland & UK, Euronext
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Jonathan Lew, Partner, KPMG
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Seán D Lynch, Europe Strategy Leader, Mercer (Marsh McLennan)
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Conor McCarrick, Corporate Strategist & Senior Fixed income Analyst, Amundi
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Kieran McMahon, COO, BNP Paribas Dublin Branch
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Fergus McNamara, Director, McNamara Accounting Services Limited
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Timothy O'Reilly, FCA, Chief Financial Officer, CleverCards
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Orla Quigley, Head of Legal, Gemini Capital Management (Ireland) Limited & Independent Non-Executive Director, GemCap Investment Funds (Ireland) Limited
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Tom Quinn, Vice President Operations and Site General Manager, Alkermes Pharmaceuticals Ireland Limited
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Jonathan Shaw, Buying and Merchandising Director, Shaws Department Stores
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Alberto G Trani, CEO, Impakt Kapital Services
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Featured Member Benefit
Discounted Rates at Original Irish Hotels
Original Irish Hotels are a collection of 56 unique, owner-run hotels, located in Ireland’s most outstanding destinations.
All IoD Ireland members can avail of a 15% discount on the best available rates. This offer is subject to availability and only applies to daily online rates, not special offers. Visit our website to find out more about this exclusive offer.
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Latest Government and Stakeholder News
Council Approves EU Law to Improve Gender Balance on Company Boards
The directive, which will have to be transposed into national law, lays down that at least 40% of non-executive director positions in listed companies should be held by members of the underrepresented sex by 2026. If member states choose to apply the new rules to both executive and non-executive directors, the target would be 33% of all director positions by 2026. Read more on the Council's website.
New Opportunities – Workplace Accountability in a Changing Legal Landscape Conference
Transparency International Ireland is holding its annual Integrity at Work Online conference: ‘New Opportunities – Workplace Accountability in a Changing Legal Landscape’ from 21st to 24th November. Tickets cost €180, but there is a special 10% discount available for IoD members. To gain this discount, type IOD in the in the ‘Enter promo code’ box when selecting your tickets. More information: Conference 2022 - Outline Agenda - Integrity at Work.
Minister for Health Launches Inaugural Menopause Awareness Week
Last week, the Minister for Health, Stephen Donnelly TD, launched the inaugural Menopause Awareness Week. The week is centred around World Menopause Day, which took place on Tuesday, 18 October 2022. Since 2019, the Women’s Health Taskforce has listened to over 2,000 women, and organisations representing women, to understand where women wanted to see change and improvements to their experiences of healthcare.
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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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