We have now transitioned to the new Constitution (Rules) of the Institute of Directors. The Constitution came into effect on 01 July 2022.
Update 01 July 2022
Annual General Meeting
The Annual General Meeting (AGM) of the Institute of Directors in New Zealand Incorporated was held on Wednesday 29 June 2022. The AGM can now be viewed online.
Also see the 2021 Annual Report
New IoD Board (effective 1 July 2021)
The new IoD board has beeen appointed.
Considerable thought was given to the overall make-up of the inaugural board; particularly the board’s start-up nature, the need for continuity and a strong, ongoing relationship with the IoD Council.
Julia Hoare CMInstD chairs the new board until 2023 to ensure continuity – to make sure the issues discussed, debated and considered important by Council are properly transitioned into the mix for the new board to consider.
Board appointment process
In November 2021 a Nominations Committee comprised of current IoD Council members, the past President of the IoD and two independent members was established. These were:
- Julia Hoare (as the nominee of Council)
- Jackie Lloyd (as Council observer)
- Alan Isaac (as past President)
- Alison Barrass (independent)
- Whai Dewes (independent)
The Nominations Committee applied an appointment matrix approved by Council to identify the skills, experience and attributes which would be of most value to the IoD board. Candidates were selected based on a wide range of skills including, but not limited to, governance knowledge and experience, financial acumen, risk management, legal, legislative and compliance, understanding of people and culture practices, and digital knowledge.
The board vacancies were advertised from 8 February for four weeks via the IoD’s Director Vacancies service and promoted widely through the IoD’s communication channels.
All shortlisted candidates were selected using a formalised candidate ranking system; that is, the Nominations Committee considered each candidate against the needs of the IoD as well as the personal attributes and potential make-up of the board as a whole.
Following the interviews, the panel considered and assessed the candidates in terms of the potential final make-up of the board and its ability to work as a well-balanced, diversified and high-performing team.
See previous information released during the review of the Rules