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BERMUDA | RSS PODCAST

Course offered to improve board standards

The role of boards and of the directors who sit on them are in the spotlight next week when the Institute of Directors (IoD) with Capital G offer a course honing in on their duties and responsibilities.A IoD press release stated that the instructor, Paul Munden, is being brought to Bermuda in conjunction with Capital G, who is running the course called ‘Role of the Director and the Board’ for their own board of directors on July 23 and 24.It says: “This course is an essential introduction to the role, duties and legal responsibilities of a director and the workings of a board. Participation in the course will provide those who are directors or shortly to become directors with the knowledge needed in order to better the direction and governance of a company.”The course will take participants through the differences between management, direction and ownership and discuss case studies examining legal aspects of the director’s role.Course instructor Mr Munden is UK-based, IoD certified, and he is a chartered director as well as an experienced commercial law barrister.“Over the last 10 years, Paul has served as general counsel and chief executive of the Business Link operation in London. Mr. Munden is currently the lead course leader at the IoD responsible for designing the governance and director roles elements of the Chartered Director Programme,” the press release stated.It also quoted IoD chairman Roger Gillett, who said: “We hope that through courses such as this one we will bring value to our members and provide them with the education and knowledge necessary to continually improve the boards upon which they sit.” Ian Truran, Capital G President and CEO, added: “We are honoured Paul Munden has agreed to present this professional development course to our directors.“Mr. Munden has advised on a wide range of complex and politically sensitive commercial law issues and has throughout his career championed the improvement of corporate governance standards in business and governmental organisations across London, making him an ideal speaker for this course.“The role of a director continues to increase in complexity. This course is part of the ongoing training that our directors will be taking to ensure that we are equipped with both the practical and theoretical knowledge required to meet our obligations.”Useful contact information: Rochelle Simons on 336 2447 or Rochelle.simons@logic.bm.