What is the IoD?
The Institute of Directors (IoD) is the UK’s pre-eminent, most experienced and longest standing organisation for business leaders. It was established in 1903 and now, with 30,000 director level members from across the business spectrum, as well as many from the NHS, charities and the military, the IoD champions business – supporting, informing, enabling and inspiring business leaders with the aim of driving economic performance and wealth creation.
The IoD supports directors in their leadership roles, representing the interests of the business community and encouraging the highest levels of professional business conduct. Developing leaders and promoting standards in the boardroom are at the centre of all that we do and as an independent, non-profit making organisation we are able to ensure that our members are always our focus.
The IoD’s mission is to
Promote for the public benefit, high levels of skill, knowledge, professional competence and integrity on the part of directors, and equivalent office holders however described, of companies and other organisations.
Promote the study, research and development of the law and practice of corporate governance, and to publish, disseminate or otherwise make available the useful results of such study or research.
Represent the interests of members and of the business community to government and in the public arena, and to encourage and foster a climate favourable to entrepreneurial activity and wealth creation.
Advance the interests of members of the Institute, and to provide facilities, services and benefits for them.
The Royal Charter
Royal Charters are reserved for bodies that work in the interests of the public and represent pre-eminence, stability and permanence in their field. The IoD was awarded a Royal Charter in 1906 and remains an acknowledgement of the continuing work the institute does to promote professionalism in business.