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Institute of Directors Nigeria - From the Beginning

  •   About IoD Nigeria
  •   Projects
  •   Committees
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IoD Nigeria is a full fledged affiliate of the IoD U.k which was founded in London in 1903 and granted a Royal charter by King Edward VII in 1906. Some Nigeria members of the IoD UK formed IoD Nigeria in Lagos on 17th May, 1983. In 1997, the Council of the Institute, then a branch, sought autonomy and was granted affiliate status. IoD exists in many countries, mainly commonwealth countries, and offers members a network of over 85,000 members. The members are drawn from directors and business leaders in the public and private sectors and from a diversity of enterprises in Commerce, Industry, Services, Professional Bureaucracy etc.


IoD represents directors in their individual capacity and empowers them to contribute significantly to the welfare of the companies they run and to national development. IoD works to establish and maintain contact amongst business leaders at the highest levels and interfaces with government for the creation and entrenchment of favorably business friendly policies in seemingly challenging circumstances for the creation of wealth.


IoD can safely be described as a prime leadership forum in the organized private sector that helps directors to fulfill their legal and professional responsibilities for the benefit of business and society as a whole. It is a full member of the IoD international Network.


VISION

IoD Nigeria will continually advance professional competence, integrity and enterprise.


MISSION

"To be the prime organisation in Nigeria helping directors to fulfill their leadership responsibilities in creating wealth for the benefit of business and society as a whole."


OBJECTIVES

  • The Institute of Directors Nigeria, the prime Organisation in Nigeria, is involved in promoting professionalism through continuous education, information sharing, networking of opportunities and positive contribution to the socio-economic growth of Nigeria.
  • It attracts eligible directors to join the Institute, thereby enhancing professional standards, promoting competence and celebrating excellence at individual and corporate levels.
  • It presents a formidable front in affairs of the national economy and promotes an enabling environment for businesses to thrive.
  • As the most populous African country, and bearing in mind that the IoD, UK has no immediate plans to increase the IoD branches in Africa beyond the present three (Nigeria, South Africa, and Zimbabwe). IoD Nigeria has the task of maintaining the integrity and good image of business leadership the rest of Africa and worldwide.


CODE OF CONDUCT

  • Ethical and moral standards for directors will never be compromised.
  • Realization that the success of companies depends on the performance and competence of directors, their integrity fairness and vision as well as ability to balance the interest of all stakeholders in the society.
  • Commitment to Integrity and Enterprise, devoid of corrupt practices or abuse of economic power.

The IoD Nigeria house shall be a 12 storey building and house IoD Nigeria Permanent Secretariat, Auditorium, Hall with Gallery, Training Centre, Meeting Rooms, Lecture Rooms and Functional Suites among others.

It would provide avenues for propagating and instilling the principles of Best Corporate practices in Nigeria with a view to attracting International support and collaboration for economic development.

The IoD Fund raising Committee has been mandated to schedule activities and programmes geared towards actualizing the needed sum of N800 million for the building construction of the IoD House.

On completion, IoD Nigeria House will become a Heritage of Nigeria for Director Development and promotion of Corporate Governance. It will also become a monument for essential visits by International business interets for global business development.
PRESIDENTIAL CONSULTATIVE COMMITTEE

Chief (Dr.) I.O. Dada is the current President of the Institute of Directors Nigeria. He was elected following the completion of the 3-year term of the previous president in 2007.
Mr. E. Chike Nwanze, F.IoD, is the 1st Vice President.
Arc. T. C. Awagu, F.IoD, is the 2nd Vice President.
Mrs. A. T. O. Akingbola, F.IoD, is the Honourable Treasurer of the Institute.
Ms. N. A. Chibututu, F.IoD, is the Legal Adviser.
Mrs. Elizabeth E. Fagbure, M.IoD, is the Director General/CEO of the Institute.


 

COMMITTEES OF THE GOVERNING COUNCIL

- EXECUTIVE COMMITTEE
- ELDERS' COMMITTEE
- IoD HOUSE PROJECT COMMITTEE
- MEMBERSHIP COMMITTEE
- DIRECTOR DEVELOPMENT COMMITTEE
- FINANCE AND GENERAL PURPOSE COMMITTEE
- HOUSING & URBAN DEVELOPMENT COMMITTEE
- SPECIAL EVENTS COMMITTEE
- CORPORATE GOVERNANCE & ETHICS COMMITTEE
- INDUSTRY COMMITTEE
- EDUCATION COMMITTEE
- LAW REFORMS COMMITTEE
- BUSINESS SERVIES COMMITTEE
- IT AND TELECOMMUNICATION COMMITTEE
- ENERGY COMMITTEE
- GOVERNMENT & PUBLIC AFFAIRS COMMITTEE

For a comprehensive list of the Governing Council Committee member which is avalable for download,

DIRECTOR DEVELOPMENT PROGRAMMES & TRAINING

The Institute continues to be a good reference point on issues that border on Director Development.


Two editions of the two-day Company Direction Course were held in 2006. The course, which is conducted in collaboration with Lagos Business School has remained the flagship programme of the Institute.


The two day Company Direction course is now mandatory for all new members and has continued to garner more patronage from members and non-members from different parts of the country. Through consistent feedbacks from participants at the Course that holds twice a year, the IoD standards have been maintained as expected.
Our Gallery is in the making.
QUICK LINKS
Upcoming Events
January Members' Evening on 2007 Budget and Investment
Date: Wed. January 31, 2007

Breakfast with Canadian High Commission
Date: Thur. February 22, 2007

2007 Oil and Gas Conference
Date: Tue. March 20, 2007

March Members' Evening on Banking
Date: Wed. March 28, 2007

Presidential Aspirant's Summit
Date: Thur. March 29, 2007

April Members' Evening on Health
Date: Wed. April 18, 2007

IoD UK Worldwide Convention
Date: Wed. April 25, 2007

Corporate Governance & Ethics Workshop in UK
Date: Thur. April 26, 2007

Role of Company Chairman Workshop
Date: Tue. May 15, 2007

May Members' Evening on Education
Date: Wed. May 30, 2007

Annual General Meeting
Date: Tue. June 5, 2007

1st Edition of 2007 Direction Course
Date: Wed. June 20, 2007
Thur. June 21, 2007

June Members' Evening on New Members
1st Ed. IoD Induction Course for New Members
Date: Wed. June 27, 2007

July Members' Evening on Housing & Insurance
Date: Wed. July 25, 2007

2007 Directors' Conference
Date: Thur. July 31, 2007

Annual Fellows' Evening
Date: Fri. August 10, 2007

August Members' Evening on IT & Telecoms
Date: Wed. August 29, 2007

Breakfast Seminar with South African High Commissioner
Date: Thur. September 6, 2007

Conference of Women Directors
Date: Tue. September 18, 2007

Sept. Members' Evening on Public Sector
Date: Wed. September 26, 2007

Roles of Company Secretary Workshop
Date: Thur. October 18, 2007

October Members' Evening on Law Reforms
Date: Wed. October 31, 2007

2nd Edition of 2007 Company Direction Course
Date: Wed. November 21, 2007
Thur. November 22, 2007

Nov. Members' Evening - New Members
2nd Ed. IoD Induction Course for New Members
Date: Wed. November 28, 2007

2007 Annual Dinner
Date: Fri. November 30, 2007
IoD Quote of the Month
"Setting goals is the first step in turning the invisible into the visible."— Tony Robbins
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