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Institute of Directors, India

Institute of Directors, India

Member: Gold
Since: 05.02.2015

M-56 A, Greater Kailash Part-II (Market), 110048 New Delhi, India
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Institute of Directors, India: Galaxy of CSR leaders

From: 17.01.2019 To: 18.01.2019 Share

'Inclusion is going to help you to deliver more profitability and more Sustainability'

Mr. Alok Sharma, MP, Hon’ble Minister of State for Employment, Department of Work & Pensions, Govt. of UK urges all business and industry to put this concept into action, during IOD, India's 2018 London Global Convention & Global Business Meet-House of Lords, UK Parliament 

Also Institute Of Directors, India signs an MoU with Ministry of MSME, Govt of India to contribute towards the development of leadership and governance in the sector New Delhi (India): Nurturing an ethical mindset is the foundation for a healthy and effective board. This process must begin with whole time members of the Board and then Independent Directors - the Board leaders & experts vouch during IOD, India's 2018 London Global Convention, held in Oct, 2018. What other leaders and experts have to say? It could be viewed on the following link.

The Complete Report on the Convention has been covered in the December, 2018 issue of 'Director Today', along with the Summary of Recommendations. It has a number of articles, authored by thought leaders on 'Corporate Governance', Director and Board Development, Board Training, etc.

View & Read online issue of 'Director Today' - December 2018 issue

View & Read MSME Spotlight - Inaugural Edition

View : New IOD MEMBERS during the Month

View : IOD's DISTINGUISHED FELLOWS

View : New IOD TRAINED DIRECTORS during the Month under Masterclass for Directors

View the SCHEDULE for forthcoming Masterclass for Directors - Now join for 225th Batch

View : HANDBOOKS, available for Directors (Order Online)

View : Are you looking for Independent Directors? Online portal for BOARD LEVEL APPOINTMENTS

View : IOD's Board Research & Advisory Services for BOARD EVALUATION and Corporate Governance Compliance

View : GOLDEN PEACOCK AWARDS Results (Results are to be announced shortly for CSR & HR Excellence - 2018)

View : Golden Peacock Award Winners : Institutional and Individual Leaders

View : Winners' Digest: Case Studies of Excellence (Order Online)

View : NOT yet a MEMBER of IOD, India? Join Today and enjoy the exclusive benefits.

As a sequel to it, the Institute Of Directors (IOD), India organised successfully its 2nd edition of Singapore Global Convention on Corporate Ethics & Risk Management on 5-7 Dec, 2018 in Singapore. The role of the Board is becoming more challenging & requires dedicated due diligence - leaders and experts vouch at the Singapore Convention. This year's theme was Board Ethics & Emerging Risk in Turbulent Times, which was considered to be apt & topical. Today, information and data move faster than light, & privacy is becoming an illusion. Data is the New Oil of the Digital Economy. 

H. E. Mr. Jawed Ashraf IFS, Indian High Commissioner to Singapore delivered the inaugural address. Mr. Leo Lee FCCA, Immediate Past President, ACCA; Director on the Boards of Hong Kong listed Companies delivered the keynote address. Mr . M. Ramaswami, President, Singapore Exchange Ltd. | SGX delivered the Theme Address. Other Distinguished leaders those addressed include (Ms) Anshula Kant, Managing Director (Stressed Assets, Risk and Compliance), State Bank of India, Mr. K. Vijayan, CEO, Tamil Nadu Infrastructure Fund Management Corporation Ltd, Mr. K. V. Rao, Resident Director- ASEAN, TATA Sons, Singapore ...et al amongst many others. Mr. Atul Temurnikar, Co-Founder and Chairman, GIIS Singapore was the Chairman of the Convention. The distinguished leaders those were felicitated during the Convention include:

• Mr. KWA Chong Seng, Chairman, Singapore Exchange Ltd., Chairman, ST Engineering, Dy. Chairman, Public Service Commission, Singapore
• (Ms) Chua Sock Koong, Group CEO, Singapore Telecommunications Limited (Singtel)
• H.E. Karan Singh Thakral, Ambassador of Singapore to Denmark, Govt. of Singapore; Executive Director, Thakral Group of Companies, Singapore
• Mr. Glenn Saldanha, Chairman and Managing Director, Glenmark Pharmaceuticals Limited, India

IOD’s next 2 major forthcoming major conventions are: 

1. 13th International Conference on Corporate Social Responsibility
Also presentation of Golden Peacock Awards for ‘Corporate Social Responsibility’ (National & Global), ‘HR Excellence’
17 - 18 January 2019 | Taj Land’s End, Mumbai (India)

2. 2019 DUBAI GLOBAL CONVENTION
28th World Congress on Leadership forBusiness Excellence and Innovation
Also presentation of Golden Peacock Awards for ‘Business Excellence’, 'Quality', 'Training' & 'Innovative Product / Service' 
05 - 07 March 2019 | Hilton, Curio and LXR Brands, Dubai (UAE)

MSME (Micro, Small and Medium Enterprises) Centre:

Recently, IOD has launched an MSME Centre to contribute towards the development of leadership and governance in the sector, within the broad official policy framework , for its growing role in national and global supply chain and economy, as laid down by the Government of India under the patronage and guidance of the Development Commissioner, Ministry of MSME. Details on https://www.iodglobal.com/advisory/msme-centre.html

What is in store for Boards @ 2019 and year ahead:

1. Now its time for Gen Z, who will conquer the world - one third of global population and one fifth of the work force.

2. AI will be there in almost all business & industries. The knowledge about the use of Technology will be the need of the hour for Directors of tomorrow. They should also learn how to use it in their organisations to maintain SPEED. They must have access to all company data to make their role more effective. Similarly, brace for a 'Digital Tax' in future.

3. The world will look to India , the way millions live in harmony and with so much combined purchasing power.

4. Despite Global uncertainty, the Indian stock market may reach further new heights. The world will see more mergers and acquisitions.

5. Bringing more diversity in every boardroom and workforce will be top priority.

6. Financial Literacy & Strategic Direction - Important features of the Board. All board members must have ability to understand and analyse financial results so as to better manage risks and anticipate crises.

7. IBC- Insolvency & Bankruptcy Code will be full of opportunities and challenges for Corporate Governance.

8. Three Ts ; Transparency, Training & Trust will be three important parts of Governance.

9. Internal Audit - a vital arm of the Board which helps Board's policy direction and in evaluating business strategy & efficiency. Special emphasis on Risk Management and Strategy will be vital. The connect between External Auditors and the Board Audit Committee will be more cohesive.

10. Creativity and Innovation will be key drivers of this century. ‘Disrupt the disruptors’ will be the new mantra, to stay relevant and competitive. Change, or you will be changed.

If you want to influence the future of Corporate Governance and Board functioning in India, please join us in our Mission.

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