New IoD Chair: Good corporate governance key to economic success
16 May 2013
The new Chairman of the Institute of Directors Northern Ireland Division believes, “the IoD has a significant role to play in creating a stronger economy, by educating and accrediting directors in good corporate governance.”
Paul Terrington, the Northern Ireland Regional Chairman of advisors, PwC, made the remarks as he succeeded Mervyn McCall at the IoD Annual Members’ meeting in Belfast on Wednesday evening.
The incoming Chairman, who will head a membership of almost 1,000 business leaders in Northern Ireland for the next two years, said:
“It is an honour to lead the IoD in Northern Ireland and I wish to pay tribute to my predecessor Mervyn McCall for his leadership, determination and excellent representation of our membership during his tenure.
“We have many world class leaders in Northern Ireland implementing good corporate governance which translates to business success.
“It will be a key focus of my term to reinforce the message that good governance means good business and to promote the Institute’s programme of education and support for business leaders.
“In this ever-open 24/7 new-normal world it is vital that we retain our position as a leader of thought, of action and of change. I want to ensure that the Institute becomes a must-join for young managers; our Chartered Director qualification is a must-have for everyone who aspires to the boardroom; and our thought leadership is a must-follow, for policy-makers, commentators and those not already members.”
Paul Terrington also believes the IoD can greatly assist the third sector in Northern Ireland.
“There are almost 80,000 people employed in the voluntary and community organisations in Northern Ireland. Through social enterprises this sector has the ability to drive excellent value for money for local government.
“The IoD already plays a significant role in mentoring and assisting these leaders, and we aim to help even more social entrepreneurs to grow their organisations for the betterment of whole economy.”
For more information on the IoD NI, visit www.iodni.com or Twitter @IoDNI