Future Directors® host board agreement
As a host board, we agree to be a participant in the Future Directors® initiative and in the spirit of the programme accordingly we agree to:
- meet the criteria for being a host board for the Future Directors® programme and have:
- separation of governance and management
- the focus of the board is purely governance
- predominately experienced board members
- at least one CMInstD or CFInstD on the board preferably the Chair
- provide a 12-18 month appointment to the successful applicant as selected by the host board
- provide the Future Director with a mentor for the duration of their appointment
- allow the Future Director to observe and participate at board meetings and in board discussions
- remunerate the Future Director appropriately and reimburse out of pocket expenses
- provide appropriate cover for the Future Director in terms of insurance and indemnities
- refrain from offering a permanent board appointment to the appointed Future Director for a minimum of a year following the completion of their Future Director term
- inform the IoD of your Future Director’s appointment, tenure and personal details including email address and current role at time of appointment
- agree to provide feedback as to progress as requested by the IoD from time to time
- agree to allow IoD to send an end of programme survey to Future Directors to gain feedback and measure the effectiveness and impact of the programme
- consent to the IoD publicly acknowledging and profiling the company’s participation in the programme on the Institute of Directors website
- consent to the IoD promoting the appointment through IoD’s social media channels including LinkedIn
- advise the IoD immediately should a problem or issue arise with the Future Director
The D logo mark, the Institute of Directors word and logo marks, IoD and the Future Directors marks are all registered trademarks of Institute of Directors in New Zealand Incorporated.