A new competency framework for directors, senior executives and boards is to drive higher standards in corporate governance in Ireland, has been announced.
Launched today by the Institute of Directors (IoD) in Ireland, the new Continuing Professional Development (CPD) Framework for Directors has been introduced in response to the ever-evolving policy, regulatory, macro-economic and governance environment in Ireland and to foster improved collective board strength and responsibility.
The new competency framework is to be discussed at IoD’s 'Leading in Governance: Supporting Ireland to be an Exemplar of Corporate Governance' conference at The Aviva Stadium, Dublin this evening, which will be addressed by Minister for Enterprise, Trade and Employment, Simon Coveney TD, and attended by business leaders from the private and public sectors and from across Irish industry. Marking 30 years since IoD Ireland’s foundation, this event looks to the future, focusing on the crucial role of effective corporate governance to support all directors and business leaders.
Minister for Enterprise, Trade and Employment, Simon Coveney TD, said: