Should I stay or should I go? Directors, leave of absence and liability

IoD courses and events under ORANGE - update 14 April 2022

The IoD website has recently experienced a security breach. Currently this is affecting payments when using a credit card on the website. If you wish to book a course or event, an invoice will be sent to you and payment can be made via internet banking or our phone credit card payment service 0800 846 369. IoD members can find updates on the breach here.

Life doesn’t stand still for directors. Circumstances can arise where a director may need to, or wish to, step away from a board for an extended period of time. There can be various reasons for taking some time out, including for personal or family related issues such as parental leave or illness. However, there is currently limited guidance for directors in New Zealand on taking leave of absence.

The report Should I stay or should I go? Directors, leave of absence, and liability sheds light on some of the relevant issues and outlines important questions for boards, directors and organisations to consider.

The report also intends to generate discussion and debate among directors and stakeholders and we would welcome your feedback to glc@iod.org.nz