IoD Midlands Spring
Institute of Directors, business magazine, director development, business news
Institute of Directors, business magazine, director development, business news
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Membership grades<br />
and criteria<br />
<strong>IoD</strong> membership is open to anyone with<br />
senior-level responsibilities – you do not need<br />
to be a registered director or working in a<br />
commercial entity to be eligible for Associate<br />
status but only practicing directors can obtain<br />
Member and Fellow status of the <strong>IoD</strong>.<br />
Associate (A<strong>IoD</strong>)<br />
Associate status with the <strong>IoD</strong> is for those who<br />
are not a practising director, including those:<br />
• Working closely with directors, such as<br />
intrapreneurs<br />
• Aspiring to be a director<br />
• Studying as undergraduate students<br />
• Who have been a director and are unlikely to<br />
be a director again but wish to stay in touch with<br />
the director community<br />
Associate members receive a reduced benefits<br />
package to full members, but can use the A<strong>IoD</strong><br />
post-nominal to denote their membership.<br />
Member (M<strong>IoD</strong>)<br />
Member status with the <strong>IoD</strong> is for those who are<br />
practising directors and meet the below criteria:<br />
• Are a practising director – or have been and<br />
intend to be again in the near future<br />
• Have never been disqualified as a director<br />
Member status is for both executive and<br />
non-executive directors and also their<br />
equivalents (in terms of responsibility/<br />
authority) within the public sector, third sector,<br />
trustees and the military.<br />
Members of the <strong>IoD</strong> can use the M<strong>IoD</strong><br />
post-nominal to denote their level of<br />
membership with the <strong>IoD</strong>.<br />
Fellow (F<strong>IoD</strong>)<br />
Fellow status with the <strong>IoD</strong> is for those who are<br />
practising directors and meet the below criteria:<br />
•Satisfies all requirements for Member (cited<br />
above)<br />
• Invited to be a Fellow based on<br />
demonstrated commitment to be a ‘better<br />
director’, through one or more of:<br />
- Professional development – reaching<br />
Diploma or CDir level<br />
- Been a Member of the <strong>IoD</strong> for a minimum of<br />
five years demonstrating good performance and<br />
behaviour either professionally as a director, or<br />
in the Institute<br />
• Made an extraordinary contribution to the<br />
Institute at discretion of the admissions process<br />
Fellows of the <strong>IoD</strong> can use the F<strong>IoD</strong> postnominal<br />
to denote their level of membership<br />
with the <strong>IoD</strong>.<br />
If you would like to discuss membership<br />
grades and fees or require further<br />
information, please contact your local<br />
membership team:<br />
East <strong>Midlands</strong>:<br />
Cari.Grice@iod.com<br />
West <strong>Midlands</strong>:<br />
Sophie.Breeden@iod.com<br />
Member<br />
benefits<br />
The <strong>IoD</strong> has negotiated<br />
special discounts on key<br />
services for our members. For<br />
more information, click on the<br />
<strong>IoD</strong> logo by the offer<br />
Professional<br />
Indemnity Insurance<br />
Supplied by Hiscox<br />
Save five per cent on<br />
Hiscox’s standard rates<br />
(subject to criteria)<br />
Corporate Directors<br />
Liability Insurance<br />
Five per cent discount (most<br />
policies, with £1m of cover<br />
cost from just £900 per<br />
annum)<br />
Individual Directors<br />
Liability Insurance<br />
Up to 35 per cent discount<br />
(premiums start from just<br />
£33 per month for £1m of<br />
cover, protecting you and<br />
only you)<br />
Cyber and Data<br />
Risks Insurance<br />
Save five per cent on<br />
Hiscox’s standard rates<br />
(subject to criteria)<br />
Private health<br />
insurance<br />
10 per cent discount on<br />
Bupa By You health insurance<br />
52<br />
Visits to <strong>IoD</strong><br />
premises UK-wide,<br />
including Pall Mall<br />
“Membership has given me<br />
access to a network of<br />
other Directors in my local<br />
area and elsewhere, as well<br />
as some great training<br />
opportunites.”<br />
Carole O’Neil, Partner,<br />
HR & Training<br />
900<br />
<strong>IoD</strong> events up and<br />
down the country –<br />
including hundreds<br />
on your doorstep<br />
“My favourite thing is the<br />
sense of belonging to a<br />
strong community of<br />
business leaders; a<br />
community of strong<br />
leaders empowered to<br />
influence the business<br />
landscape in the UK and<br />
beyond.”<br />
Dr. Yahya Shakweh CDir,<br />
Vice President, Advanced<br />
Electronics Company<br />
1<br />
Step away from<br />
achieving your full<br />
potential<br />
“Becoming a member of<br />
the <strong>IoD</strong> is a great boost to<br />
your career. The <strong>IoD</strong> gives<br />
you a platform to interact<br />
with like-minded<br />
individuals and share<br />
ideas.”<br />
Ayesha Sultan CDir, Board<br />
Member<br />
International<br />
payments<br />
Get more for your money on<br />
currency transfers, with<br />
competitive exchange rates<br />
and an award-winning<br />
service from WorldFirst.<br />
<strong>IoD</strong> members receive:<br />
• Great foreign exchange<br />
rates on all international<br />
transfers<br />
• No fees on FX payments in<br />
or out of currency accounts<br />
• No opening charges or<br />
monthly fees on any of your<br />
currency accounts<br />
Car and van hire<br />
from Hertz<br />
Receive a 10 per cent<br />
discount on vehicles of all<br />
sizes, across the globe, plus<br />
free membership of Hertz<br />
Gold Plus Rewards Five Star.<br />
www.iod.com/westmids/events<br />
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