The Institute of Directors Nigeria (IoD) has recorded an impressive growth in membership by over 20 percent in the last one year.
Speaking at the 32nd Annual General Meeting (AGM) held recently at the institute’s national secretariat at Ikoyi, Lagos, Samuel Akeju, president/chairman, Governing Council, IoD, noted that from 2,616 in 2014, the institute’s membership has increased to 3,459 in addition to a wide range of benefit for members.
The AGM for the year ended 2015 witnessed the election of governing council members and the appointment of SIAO Chartered Accountants as certified external auditors. (SIAO Chartered
Accountants) as well as elected a governing council which comprises seven members.
However, the institute charged the seven-man governing council with the responsibility of branch expansion and other projects, especially in Ibadan, Kano, Enugu in addition to the existing ones in Abuja, Port Harcourt and Abeokuta to bring its programmes to the door steps of people who need them.
Akeju expressed satisfaction that despite the challenges in the country, the institute has increased its revenue over the previous year and has controlled its operational cost while looking out for opportunities to maximize its revenue.
He expressed confidence in the steps taken by the Federal Government in tackling insecurity, corruption and efforts at fixing the dwindling economy, assuring that IoD would rise to provide
necessary support through its engagement programmes like Business Meet Government forum.
He announced plans of IoD to host special Company Directors Course I for permanent secretaries and directors in Federal Civil Service and in the six geo-political zones in the country including Lagos, while arrangement are in place to host a corporate governance and financial accountability programme for the Nigerian Air force Holding Company.
Akeju, said, the institute in 2016, will remain focus on its core areas of safe guarding the interest of directors through local and oversea training on contemporary issues and strategies for success, corporate governance, strategy thinking, inspirational leadership and boardroom skills.
“In the past we had focused too much in the private sector. But we must understand that our country’s policy and direction are initiated by the public sector. This year, we are focusing more on the public sector. And it has been quite remarkable as the public sector has shown interest to partner with us”, he said.
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