IoD Ireland Members' Update

September 2023

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

Environmental, Social and Governance:

Expertise for Directors

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.

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.

Read More

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.

Read the Factsheet

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.

Watch the Webcast

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.

Learn More

Featured Events

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.

Book Now

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.

Book Now

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.

Learn More

Grow Your Corporate Governance Expertise: Director Training

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.

Express Your Interest

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.

Book Now

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.

Book Now

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.

Book Now

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. 

Read More

Exclusive Member Content

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.

Read the Factsheet

Featured Member

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.

Read John's Profile

Welcome to Our Newest Members

A warm welcome to some of our newest members:

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

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.

Avail of this Benefit

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."

Advocacy and Research

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.

Board Services

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.

Visit our Website

Boardroom Centre

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.

Visit our Website

Bespoke Training

Boardroom Shutterstock.jpg

IoD Ireland's Bespoke Board Training in corporate governance delivers, in a confidential setting, effective solutions for the development needs of your board.

Visit our Website

Connect with IoD Ireland

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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