Institute of Directors

Institute of Directors

The Institute of Directors (IoD) is a UK-based organisation, incorporated by royal charter in 1903 to support, represent and set standards for company directors. It occupies grade I listed premises on Pall Mall, London.

The IoD currently has around 53,000 members, and has premises open for the use of those members in London (3 locations), Belfast, Birmingham, Bristol, Edinburgh, Manchester, Nottingham, Paris, and Reading.

Membership, Certification and Charter

Membership Grades

Three primary grades of membership: Associate, Member and Fellow.

Members of the Institute may use the post nominal letters MIoD and Fellows may use the post nominal letters FIoD. A common mistake made is that the post-nominal letters used are MInstD for Members and FInstD for Fellows of the society, however this is not the case.

Certification

Certification is provided alongside training courses in related areas, such as 'Strategy & Leadership', 'Finance (for Directors)', and 'Directorial Skills'.

Charter

The IoD hold the Charter for Directors, granted to them by the Privy Council. Chartered Director (CDir) can be applied for via the IoD directly, or via partner organisations, including the University of Manchester or the British Computer Society. Chartered Directors may use the post nominal letters CDir.

Global Partnership

Institute of Directors (IoD) and the Association of Chartered Certified Accountants (ACCA) are working on a number of initiatives to promote an agenda of good governance and high standards in learning and development. From 2007, ACCA members seeking to enhance their skills and improve the performance of their organisation will be able to undertake the Chartered Director qualification – a professional qualification for directors.

External links

* [http://www.iod.com/ The Institute of Directors' website]
* [http://milestemplemanblog.iod.com/ Miles Templeman Blog]


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