15.04.2021 Views

IoD Midlands Spring

Institute of Directors, business magazine, director development, business news

Institute of Directors, business magazine, director development, business news

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

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 />

11

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!