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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

CIoD Launches Chartered Director Certification Programme to Raise Directorship Standards

From ThisDay · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • The Chartered Institute of Directors Nigeria launched its Chartered Director Certification programme to create a structured pathway for developing and validating directorsโ€™ skills.
  • Successful candidates will receive the Chartered Director designation and may use the suffix โ€œCh.Dir.โ€
  • The three-stage programme combines certificates in company directorship with an experience-based assessment and professional interview.

The Chartered Institute of Directors Nigeria has launched a new certification programme intended to move directors from accumulated experience to formally assessed professional competence.

Successful candidates in the Chartered Director Certification programme will receive the Chartered Director designation and be entitled to use the suffix โ€œCh.Dir.โ€ The institute introduced the programme after gaining chartered status under the Chartered Institute of Directors Nigeria (Establishment) Act, 2023.

Experience remains important, but experience alone is no longer sufficient. Directors require a structured pathway through which their knowledge can be developed, their competence validated and their professional standards continually strengthened.

· Adetunji OyebanjiThe CIoD Nigeria president explained why the institute launched the certification programme.

CIoD Nigeria President Adetunji Oyebanji said the initiative would strengthen professional directorship and corporate governance. โ€œExperience remains important, but experience alone is no longer sufficient. Directors require a structured pathway through which their knowledge can be developed, their competence validated and their professional standards continually strengthened.โ€

Today, we have unveiled more than a certification programme. We have affirmed a higher standard for directorship and renewed our commitment to building better directors, stronger boards and more resilient institutions.

· Amina OyagbolaThe instituteโ€™s first vice president described the launch as a milestone for directorship and governance.

The programme uses a flexible blended-learning model with three stages: the Certificate in Company Directorship, the Advanced Certificate in Company Directorship and Chartered Directorship. The final stage involves an experience-based assessment and a professional interview focused on how candidates apply knowledge, experience and judgment in boardroom situations.

First Vice President Amina Oyagbola called the launch a significant milestone, saying: โ€œToday, we have unveiled more than a certification programme. We have affirmed a higher standard for directorship and renewed our commitment to building better directors, stronger boards and more resilient institutions.โ€ Committee chairman Foluso Olaniyan said the programme offers a path from professional experience to examined competence and accountable recognition. Director-General Taiwo Nolas-Alausa said its ultimate goal was to improve the quality of judgment and accountability directors bring to the boardroom.

The programme offers a journey from experience to examined competence, and from professional aspiration to accountable recognition.

· Foluso OlaniyanThe chairman of the Director Development and Certification Committee outlined the programmeโ€™s purpose.
About this summary

Originally published by ThisDay. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.