Chartered Director Programme

An exclusive qualification under Royal Charter for the world's best directors

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Overview

Directorship is a skilled, demanding and challenging profession because boards are collectively responsible for the long-term-success of the companies they serve. Globally, increased regulatory and stakeholder group assessments of public and private board performances have strongly influenced individuals who serve as non-executive directors to up-level their knowledge, skills and mind-sets to become more effective leaders. Bermuda, as an international business jurisdiction, is not immune to the increased regulatory scrutiny and the international standards applied to directors who lead registered Bermuda entities. 

As a long-established professional awarding body, the IoD is the only institute in the world to offer internationally recognised qualifications designed by directors for directors under Royal Charter. Increasing numbers of influential businesses, institutional shareholders and their advisors have continued to recommend IoD qualifications for executive and non-executive directors.

The IoD Bermuda Branch facilitates the delivery of the internationally respected Chartered Director programme to directors in Bermuda, hosts topical forums and encourages director networking through local events. We create opportunities for directors to maintain high professional standards for the benefit of their companies and the jurisdiction.

Course Pre-Requisites

To be able to apply for the Chartered Director qualification you must meet the following requirements:

• Be a full Member or Fellow of the Institute of Directors

• Have obtained a pass or above in the Certificate in Company Direction

• Have obtained a pass or above in the Diploma in Company Direction

• Have obtained a pass or above in both the Certificate and Diploma in the last 10 years

Eligibility

To be eligible to apply for Chartered Director all candidates are required to meet the following criteria:

• can demonstrate substantial experience in one or more director or equivalent roles for a period of either:

  • 5 full years
    or

  • 3 full years if you hold a recognised degree or a chartered professional qualification (e.g. CEng, MCIPD, CIM, ACMA, ACA etc.)

• can demonstrate, for each directorship, that the board is an autonomous and formally constituted and comprises at least three directors (executive and non-executive)

• participate in regular board meetings – at least four per year, with two or more other directors

• work for an organisation that has a minimum of five employees and generates a minimum turnover of £250,000 per year.

Roles or experience that dates back more than ten years prior to the date of application will not be considered.

The role(s) that you put forward should include at least one that has been held in the last five years. It is required for you to have served a minimum of one year in post for each role that you list within the application.

Qualification Structure

Chartered Director Stage 1 – Certificate in Company Direction

Whether you’re newly appointed, aspire to a seat on the board, or want to improve performance with fresh insight, the Certificate in Company Direction qualification will equip you with the knowledge and skills needed for effective performance covering the key areas of governance, finance, strategy and leadership in four core modules. Explore the characteristics, mind-set and behaviours of a boardroom executive and learn what it takes to become an outstanding leader. Following completion of the CICD programme (modules plus examinations), delegates will be able to use the lettering CertIoD following their name, and may continue the journey to Chartered Director by completing the Stage 2, 3-day Diploma in Company Direction program.

Chartered Director Stage 2 – Diploma in Company Direction
Apply the knowledge and skills gained at Certificate level in a practical and dynamic setting with the Diploma in Company Direction. During this course you will have the opportunity to act as a board member in a ‘real’ organisation facing a variety of typical issues and crises. Explore the board’s role, its dynamics, power, influence and conflicts with hands-on experience of risk and crisis management, strategic decision making, mergers and acquisitions, and board performance. The Diploma examination is a 3-hour case study assessment.

Chartered Directorship
Gain professional recognition and reward for your achievements as an executive or non-executive director.
Recognised as an international benchmark of excellence, it is the highest status that may be attained in the director profession.

Qualification Competencies

The Chartered Director Qualification focuses around five key areas which are central to organisational direction and governance:

• Vision, purpose, values and ethics

• Strategic thinking and stakeholder management

• Delegation to management

• Discharging your duties as a director and as a competent member of a collective and responsible body

• Exercising effective and accountable leadership

Take advantage of a range of flexible study routes that feature a blend of online and face-to-face learning tailored to your level of experience, prior qualifications, career aspirations and learning style.

Request more information

To register interest or to request more information for this programme please contact the professional development team directly via info@iod.bm.