IoD Ireland Members' Update
September 2023
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Dear Anne,
I hope this finds you well.
The Sustainable Development Goals (SDG) Week takes place from 23rd September 2023. SDG Week forms part of the wider European Sustainable Development Week (ESDW). As a director and business leader, you'll be aware of the important role Environmental, Social and Governance (ESG) plays in corporate boardrooms. That's why IoD Ireland aims to keep our members abreast of the latest European developments affecting your business, particularly the Corporate Sustainability Reporting Directive (CSRD), the Taxonomy Regulation, and the Corporate Sustainability Due Diligence Directive (CSDDD). Our dedicated ESG panel provides more information.
Please save the date for IoD Ireland's flagship event titled, 'Leading in Governance: Supporting Ireland to be an Exemplar of Corporate Governance', on Tuesday, 24th October 2023 in the Aviva Stadium. This event will be forward-looking and focus on crucial elements all directors and business leaders need to be successful, as well as providing key governance insights and an opportunity for networking. Registration for this free event will be open soon.
On your behalf we are responding to the Financial Reporting Council (FRC) public consultation on their proposed changes to the UK Corporate Governance Code; and the Central Bank of Ireland's Administrative Sanctions Procedure (ASP) consultation. We will continue to update members on these key areas as they develop. If you have any final comments/thoughts on these submissions, please contact my colleague Dr Margaret Cullen, Governance Advisor, IoD Ireland.
Finally, I look forward to seeing many of you at our Briefing event this Thursday, in the Westbury Hotel, addressing a key discussion on Joining a Board of a Financial Services Organisation. See more details below.
This ezine's issue includes the latest director education programmes, upcoming events, director factsheets, exclusive content and benefits available to members, all outlined below.
Caroline Spillane CDir
Chief Executive Officer
Institute of Directors (IoD) in Ireland
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Environmental, Social and Governance:
Expertise for Directors
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It's crucial for directors to get up to speed on the changing rules and legislation surrounding Environmental, Social and Governance (ESG), and what it means for their business, industry, and the wider society. At IoD Ireland, we provide directors and leaders with the latest ESG insights, news and training. | |
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Enhancing CSRD Reporting Preparedness for Financial Institutions | Blog
Read this new blog by Sean MacHale, Partner, EY Financial Services, and Head of Climate Change Advisory and Sustainable Services, CCaSS, which discusses the evolving sustainability reporting landscaping, and the steps companies must put in place to report under the Corporate Sustainability Reporting Directive (CSRD).
Please note: To view 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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New EU Sustainability Disclosure and Due Diligence Rules | Director Factsheet
Read this Director Factsheet courtesy of McCann Fitzgerald LLP, which covers key European legislation developments in the Environment, Social and Governance (ESG) area which directors should be aware of, including the CSRD, the Taxonomy Regulation, and the Corporate Sustainability Due Diligence Directive (CSDDD).
Please note: To view this members’ only content, you must be logged into the members' area of our website. For more factsheets, please visit our website.
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Corporate Sustainability Reporting Directive: What Directors Need to Know and Do | Webcast
Watch back this webcast with Éamon Ó Cúiv, Partner, McCann FitzGerald LLP, who provides an overview of the key elements of the Corporate Sustainability Reporting Directive, and other ESG legislation, such as the Corporate Sustainability Due Diligence Directive (CSDDD).
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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Leading Sustainability: What Directors Need to Know and How to Do It | ESG Online Course
2nd October - 22nd November 2023 | 9:00am - 12:30pm
IoD Ireland run a highly rated ESG Course every year. You'll discover the knowledge and skills needed to strengthen your organisation's orientation towards sustainability in this Course led by Professor Simon Haslam CDir, Chartered Director. The course takes place over four half days, covering the governance agenda, net zero agenda, the wider environment agenda, and the social agenda. Simon will be joined by expert guest speakers on each session.
This course is fully booked for the Autumn season. To be placed on a waiting list for the Autumn Season and to book an early spot for 2024, contact the IoD Training team.
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A Discussion on Joining a Board of a Financial Services Organisation
Thursday, 7th September 2023 | 5:00 PM - 6:45 PM | The Westbury Hotel
Join our upcoming Briefing event this Thursday with Dr Margaret Cullen, Governance Advisor and Board Assessor, IoD Ireland, who will be in conversation with a panel of financial services directors, including: Richard Pyke, Director, FBD Insurance; and Yvonne Hill, Non-Executive Director. The session will explore the process of building an independent non-executive director portfolio in the financial services space.
The IoD Briefings Series is sponsored by Accenture.
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Lunch Bites @ the IoD Event with Stephanie Meadow
Thursday, 14th September 2023 | 2:00 PM - 3:00 PM | Online Webinar
Join our upcoming Lunch Bites @ the IoD event with Professional Golfer, Stephanie Meadow who will be discussing the important topic of 'Motivation and Resilience'.
The Lunch Bites @ the IoD Series is kindly sponsored by IQ-EQ.
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Save the Date
Leading in Governance: Supporting Ireland to be an Exemplar of Corporate Governance
Tuesday, 24th October 2023 | 3:30 PM - 7:30 PM | Aviva Stadium
Save the date for our flagship event titled, 'Leading in Governance: Supporting Ireland to be an Exemplar of Corporate Governance' which will provide a unique member experience. Featuring an exciting line up of speakers, key governance and leadership insights will be shared at the event along with valuable peer-to-peer networking opportunities for IoD Ireland members. Registration for this event is not yet open, stay tuned for more details.
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Grow Your Corporate Governance Expertise: Director Training | |
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Chartered Director Programme | Enrolling for January 2024
Places for the January 2024 Chartered Director Programme are now open. 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.
It is the gold standard of director training, and the IoD is 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.
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Advanced Finance for Experienced Company Directors | IoD Essentials Workshop
Thursday, 5th October 2023 | 9:00am - 4:30pm
Take a deeper dive into analysing the financial health of your organisation in our in-person workshop, 'Advanced Finance for Experienced Company Directors', on Thursday, 5th October 2023. The workshop will be led by Caroline Kirrane, Chartered Financial Analyst (CFA) Charterholder and is taking place in the Irish Management Institute (IMI). This workshop covers key elements, including: tools for analysing financial statements, how to identify financial key success factors, the basic principles of corporate finance and more.
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IoD Essentials Workshops | September - November 2023
Grow and expand your corporate governance expertise by booking your place on one of our IoD Essential workshops this Autumn.
This series is delivered by corporate governance experts, such as: Dr Margaret Cullen, Caroline Kirrane CFA Charterholder, and chartered directors; Carol Bolger, Marie Collins, Simon Haslam, John Smyth and Martina Maher.
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Navigating Cyber Security Risk for
Directors | Cyber Online Course
12th September - 7th November 2023 | 9:00am - 12:30pm
Limited places now remain on our new Course titled, 'Navigating Cyber Security Risk for Directors' led by Bill McCluggage, Chief Information Technology Officer. The course will take place over four half days starting this coming September, and will cover topics including technology and cyber risk, cyber culture, planning and incident response, and more. Bill will be joined by expert guest speakers, such as Joe Stephens, Director of Resilience, National Cyber Security Centre (NCSC), and Tim Hynes, Chief Innovation Officer, AIB.
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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.
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Compensation in Data Breach Claims - Recent Irish Developments | Director Factsheet
Read this Director Factsheet courtesy of McCann Fitzgerald LLP, which details a recent Circuit Court ruling which could provide guidance on what damage will be eligible for compensation under the General Data Protection Regulation (GDPR).
Please note: To view this members’ only content, you must be logged into the members' area of our website. For more factsheets, please visit our website.
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Meet a Member
John Holland
John Holland is Managing Director of Axcellium Advisory Limited. He has 25 years of senior strategic leadership experience of IT, telecommunications, and media. He has held senior positions in mobile and fixed operators, large corporate, start-ups, and technology research hubs worldwide. John's expertise includes strategy, policy, regulation, technology, management and operations.
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Welcome to Our Newest Members
A warm welcome to some of our newest members:
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| David Butler, Group Chief Executive Officer, Seraph Aviation Group | Suzanne Garvey, Non-Executive Director, Beacon Hospital | | John Crean, Head of Planning and Consent, Temporis Investments | Catherine Hanley, Chief Claims Officer, RSA Insurance Ireland DAC | | Karl Cremin, Co-founder & Director, Talentspot | Dermot Lambe, Managing Director, BMCI Insurance and Investments Limited | | Fiona D'Arcy, Director and Investor, Portas Investments | Keith Matthews, Director of Digital, Milk Bottle Labs | | Stephan Daly, Director, Eolas Recruitment Ltd | Mike McDonagh, Chief Operating Officer, Sigmar Recruitment | | Caoimhe Darcy, Company Director, lntelligent Enterprises | Darragh McGonigle, Commercial Director, Oneview Healthcare | | Marina Donohoe, Head of Research & Innovation, Enterprise lreland | Amanda Nelson, CEO & Chair, Vodafone Ireland | | Paul Dowling, CFO, Q3 Medical Devices Limited | Gill O'Connor, SVP Chief Pricing Actuary EMEA, RGA International Reinsurance | | Anna Drought, Senior Actuary, Central Bank of Ireland | Duncan O'Toole, Commercial Director, VIOTAS | | Paddy Finn, CEO & CTO, VIOTAS | Vicki O'Toole, Consultant, Tola Consultancy | | Maureen Fox, Business Relationship Manager (Ireland), Open University | Ros Scally, Operations Director, LHK Group | | Olive Gaughan, INED & Consulting Actuary | Attracta van Rensburg, MD Asset Finance and Micro SME, Ulster Bank Ireland DAC | | |
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Featured Member Benefit
Preferential Director Training Rates
IoD Ireland members get exclusive access to discounted workshop rates for our series of IoD Essentials workshops. These workshops are run by a faculty of corporate governance experts, including Dr Margaret Cullen, Caroline Kirrane CFA Charterholder, and several chartered directors.
Please note: To view this member offer, you must be logged into the members' area of our website.
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Members in the News
Hugh McGuire Named as New CEO of Nutrition Group, Glanbia
Nutrition group Glanbia announced that Hugh McGuire will become its new chief executive officer (CEO), replacing Siobhan Talbot who will step down at the end of this year after 10 years in charge. McGuire will be appointed CEO of Glanbia plc and join the Glanbia Board as Executive Director from 1st January 2024.
Athy Native Dan Flinter Appointed Chairperson of Board at Irish National Stud
Athy native, Dan Flinter, has been appointed new Chairperson of the Board of the Irish National Stud. Dan Flinter’s appointment was announced by Minister for Agriculture, Food and the Marine, Charlie McConalogue TD.
Matt Walsh Appointed to the Board of the HSE
Following a Public Appointments Service campaign, the Minister for Health Stephen Donnelly appointed Mr Matt Walsh to the Board of the Health Service Executive with effect from 15th May 2023 until 27th June 2024.
Arboretum Garden Centre Appoints Jim Power to its Board
Economist Jim Power has been appointed as a non-executive director to the Board of Arboretum. Commenting on the appointment, Fergal Doyle, Chief Commercial Officer and co-owner said: "Jim brings with him a wealth of knowledge and experience which will be invaluable as we expand and redevelop our business."
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Progress Report on Implementation of the National AI Strategy: AI - Here for Good - Department of Enterprise, Trade and Employment
This progress report on the implementation of the National AI strategy to date lists the actions taken under each strand. Given the significant changes since this strategy was launched two years ago, there are some additional actions already under way and others being planned for the coming months. The final section of this report outlines these 'next steps' being taken by Ireland as we look toward the rapid pace of development in AI.
Sustainable Development Goals Week - European Sustainable Development Week
Ireland's second Sustainable Development Goals (SDG) Week will be taking place from 23rd September to 1st October. It forms part of the wider European Sustainable Development Week (ESDW) which runs from 18th September to 8th October. Last year, over 7,000 activities took place across 24 countries to mark the event.
Cyber Ireland National Conference (CINC) 2023
CINC is Cyber Ireland's flagship event where leaders and professionals across industry, academia and government come together each year. This year's theme is 'Securing our resilient digital future.' It will examine Ireland's cyber security ecosystem and what must be done to ensure a safe, democratic cyberspace for the years to come. IoD Ireland is delighted to be a member of Cyber Ireland.
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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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General Queries
Should you have any queries relating to anything in this newsletter please get in touch with the IOD Communications Team.
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