Institute of Directors in New Zealand

Membership

Entry to membership of the Institute of Directors is open to a range of applicants – from company directors to those involved in governance positions or likely to accept a directorship.

The role of a director is vital to a company’s growth and success. However, it calls for professionalism and integrity in an environment where the duties and obligations of a director are becoming more visible to stakeholders. Therefore, it is a logical, sensible and value-adding step to join the IoD.

The IoD is the only organisation in New Zealand that focuses on serving directors. It is dedicated to representing their interests, partnering with them in their professional development and conducting governance research and thinking.

The IoD is also uniquely positioned in its provision of networking and support opportunities for relevant applicants.

Criteria for membership

Member
Entry to the category of Member shall be by application by persons:

who are directors as defined in the Companies Act 1993; or
who are members of boards of Government or quasi Government bodies, whether incorporated or created by statute; or
who are senior executives with managerial responsibilities equivalent to those of an executive director in either the public or private sector; or
who are partners or sole proprietors of a professional practice or unincorporated business; or
who are academic personnel at the level of Heads of Department; or
who, in the opinion of the Council, have experience, qualifications or professional backgrounds that make them suitable for entry to the Member category

Associate
Entry to the category of Associate shall be by application by persons:

who are interested in the affairs of the Institute but do not meet the criteria for Member; or
who are full time students at a tertiary institution.

What are the benefits?

Networking and events, research and policy, purchasing benefits, and the provision of specific services are the key benefits available to members of the IoD.

Networking and Events

Regular member functions providing networking opportunities
Access to names and in most instances contact details, of other members for networking purposes.

Research and Policy

Receipt of the Principles of Best Practice for New Zealand Directors
Complimentary preliminary advice on governance or remuneration matters
Access to Not-for-Profit governance opportunities.

Purchasing Benefits

Discounted fees for professional development courses and branch events
Discounts on a range of products and services such as accommodation
Annual Director Remuneration Survey available at a discounted rate.

Other services

Complimentary monthly copy of boardroom magazine that keeps members informed on relevant matters
Complimentary use of meeting facilities in Auckland, Wellington, Christchurch, Dunedin and at the Institute of Directors in the UK premises in London
Eligibility to register for director appointments with the Board Appointment database
Opportunity to become an accredited or provisionally accredited director.

Subscription

The annual subscription for membership is $382.00 (including GST) per annum. In addition, there is a $120.00 (including GST) joining fee.

For more information