Simons wants to raise profile of IoD members

  • Re-elected: Rochelle Simons will continue in the role of chairman of the Bermuda branch of the IoD

    Re-elected: Rochelle Simons will continue in the role of chairman of the Bermuda branch of the IoD


The newly re-elected chairwoman of the Bermuda branch of the Institute of Directors says its members can play a larger role on the boards of island-based companies.

Rochelle Simons says she wants to raise the profile of IoD members who are available for board appointments, and to close the gap between those who require independent non-executive directors and those available to serve in that capacity.

“In the future, I look forward to the branch becoming the key resource on governance matters in Bermuda,” she said.

“While the number of certified directors is certainly not large enough to satisfy director requirements for the 13,000-plus companies on the Bermuda register, they are a qualified resource added to the existing pool of professionals available to serve.

“Wouldn’t it be great if nominating committees on the largest public and private companies on-island adopted an approach to appoint at least one certified non-executive director to their boards?”

In the near future, the IoD said, it will launch a drive to make boards aware of the pool of talent available locally and to inform them of training opportunities for directors or those earmarked for possible director roles.

Mrs Simons said some highlights during her tenure as chairwoman include a shift to corporate sponsorship of employee director development; more companies seeking private training for directors and executive teams as well as growth in the number of women joining the IoD and completing professional designations.

Some 53 people have completed the certificate in company direction designation, the IoD said.

“This is a very significant accomplishment for our small jurisdiction, especially considering that exams only began in 2014,” Mrs Simons said.

“The jurisdiction must continue to embrace best practices and standards, and it will be the individual directors and collective boards who will be charged with being fit for purpose to lead their companies to success.

“I would be satisfied knowing that IoD Bermuda offerings have contributed positively to director engagement and company successes. Better directors. Better business. Better economy.”

Mrs Simons is a director of Sound View Ltd, consultant general manager for the Bermuda Captive Owners Association, and a trustee of the Bermuda Housing Trust.

You must be registered or signed-in to post comment or to vote.

Published Mar 28, 2019 at 3:54 pm (Updated Mar 28, 2019 at 9:26 pm)

Simons wants to raise profile of IoD members

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon

  • Take Our Poll

    • "What is the most significant reason for Bermuda residents choosing to leave the island?"
    • Too small
    • 3%
    • Different way of life
    • 4%
    • Cost of living
    • 77%
    • Gang activity and general crime
    • 3%
    • Jobs/professional advancement
    • 8%
    • Education
    • 2%
    • Attitudes towards gays
    • 3%
    • Total Votes: 5235
    • Poll Archive

    Today's Obituaries

    eMoo Posts