logo
How IoD Ireland is shaping the future of governance

How IoD Ireland is shaping the future of governance

Irish Times13-05-2025
As boardrooms across Ireland face increasing pressure to strengthen oversight, embrace diversity and navigate fast-moving risks, the question of who sits at the table has never mattered more. Helping organisations make thoughtful, future-focused board appointments is a growing area of work for the Institute of Directors (IoD) Ireland.
Its discreet and tailored board recruitment service is now a trusted partner to many Irish organisations – from scaling private firms to long-established financial institutions – as they seek to strengthen their governance for the long term.
'Boards today are expected to do more than supervise – they need to anticipate change, reflect stakeholder expectations and lead with purpose,' says Caroline Spillane CDir, chief executive of IoD Ireland. 'That's why getting the right mix of people around the boardroom table is so important.'
A tailored, people-focused approach
The board recruitment service is led by Spillane in collaboration with Caroline Kinsella, director of board and member services and Darren Clarke, business development manager. Together, they work closely with client organisations to understand their goals, board composition, governance priorities and company culture before scoping any role.
READ MORE
'Whether it's finding an independent non-executive director (INED), appointing a new chair or selecting a new committee member, we are seeing boards become more intentional about their composition,' says Spillane. 'Every board is different. Some are preparing for growth, others are responding to regulatory shifts or refreshing their skills mix. Our role is to listen closely and introduce candidates who can add real value.'
Caroline Spillane CDir, chief executive of Institute of Directors Ireland
So where does IoD Ireland find these directors? The answer lies in its membership – a who's who of senior leaders, board-ready executives, and chartered directors across sectors. This access to seasoned professionals, combined with a high-touch recruitment process, has helped IoD Ireland stand apart in an increasingly competitive board search landscape.
What makes the service stand out, clients say, is both its professional process and its access to IoD Ireland's broad and experienced membership – a network that includes chartered directors, board chairs, and senior executives from diverse sectors.
Paul Kearns CDir, chief executive of Kefron, describes the experience as both efficient and considered.
'We were impressed by the calibre of candidates, all of whom offered insight and experience relevant to our needs. IoD Ireland took time to understand who we are as a business and that made all the difference.'
Recruitment grounded in real relationships
IoD Ireland's process covers everything from initial scoping to discreet outreach, interview co-ordination and post-placement support. And while the structure is professional, the experience is always personal.
The service has also been instrumental in helping organisations navigate succession planning, board refreshment, and committee chair appointments – issues that are growing in importance as stakeholders push for transparency, diversity and better oversight.
'It's always about chemistry as well as credentials,' says Spillane. 'Even highly experienced candidates may not be the right match unless they align with the organisation's ethos and strategic direction.'
That sentiment was echoed by Cól Campbell of Bewley's, who worked with IoD Ireland to appoint a new board member.
'What stood out was the care taken to understand our culture,' he says. 'The candidate we ultimately appointed wasn't just qualified – they connected with our purpose.'
Supporting governance with depth and discretion
Discretion is a core principle of the service, something that clients consistently highlight. From regulated sectors to family businesses, many appreciate the quiet professionalism and straightforward, focused process.
Spillane adds that what sets IoD Ireland's approach apart is not just process, but trust: 'Confidentiality and credibility are central. Our clients trust us to manage this process with integrity and care, and our reputation as a member-based organisation helps build that trust.'
Sheila Duignan, Chair of GVS Prepaid, says the experience exceeded expectations.
'IoD Ireland offered a bespoke and strategic approach. Their access to experienced professionals and well-managed process allowed us to identify an outstanding candidate.'
And for Roger Conan, chair of BCP Asset Management, the outcome was both smooth and impactful. 'We were looking for experienced INEDs and committee chairs,' he says. 'The members introduced to us were exceptional and well aligned to our needs. We would absolutely recommend the service.'
Helping boards prepare for what's next
For Spillane and her team, the work is ultimately about supporting better governance – by helping boards reflect, refresh, and evolve.
'Board recruitment is one part of a broader conversation IoD Ireland is helping to lead: how boards can evolve to meet new expectations and long-term challenges. There's a strong appetite for directors who bring experience and perspective – people who are digitally fluent, risk-aware, and values-driven,' she says. 'The good news is that IoD Ireland has real depth of talent in its member community'.
As organisations prepare for a more complex governance environment, board recruitment is increasingly viewed not as a one-off process, but as an ongoing conversation. IoD Ireland's approach – practical, discreet and grounded in real understanding – is helping shape those conversations with clarity and care.
IoD's board recruitment service is Ireland's leading independent resource for connecting organisations with highly experienced leaders, non-executive directors, and chairpersons.
Contact IoD Ireland to learn how our Board Recruitment service can support your next strategic appointment. Learn more at
iodireland.ie
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Blame farmers not supermarkets for the rising price of food
Blame farmers not supermarkets for the rising price of food

Irish Times

timean hour ago

  • Irish Times

Blame farmers not supermarkets for the rising price of food

Next time you find yourself standing at the supermarket checkout wondering how the handful of items in your basket could possibly cost €50 it should be of some comfort to know that the Government has had a look at the issue and concluded there is nothing untoward going on. It seems that the great supermarket price gouging furore of last May and June is a ball of smoke. Under considerable pressure from the Opposition about 'out of control' food prices the Government asked the Competition and Consumer Protection Commission (CCPC) to revisit an analysis of competition in the grocery sector carried out in 2023. The CCPC released its update last Thursday and the message is very much along the lines of nothing to see here. There is no denying that prices have gone up dramatically but the culprits, according to the CCPC, are not fat-cat supermarket bosses. If anything, the State agency comes perilously close to saying the supermarkets have shielded us from the price increases being demanded by that most cherished of Irish social classes, the farmers. No one is saying that competition in the grocery sector is not all that it could be. The five large supermarket chains – Dunnes Stores , Tesco , SuperValu , Lidl and Aldi – have increased their combined market shares slightly to 93 per cent from 91 per cent over the past few years but this varies from month to month according to the CCPC. READ MORE Their current shares are Dunnes Stores (23.6 per cent), Tesco (23.3 per cent), SuperValu (20.2 per cent), Lidl (14 per cent), and Aldi (11.8 per cent). The important issue, according the CCPC is market concentration, which is a measure of a participant's ability to exercise market power and to lower competition. The review found that market concentration in Ireland is decreasing and is currently 1,735 on something called the Herfindahl-Hirschman Index (HHI). A market with a HHI score of less than 1,500 is considered competitive, a HHI between 1,500 and 2,500 shows moderate levels of competition and concentration. Competition is increasing, they argue, with Aldi, Lidl and Tesco all publicly committed to opening new stores and the continued investment in own brands by all the players. You may not be feeling it but according to the CCPC: 'Overall, the grocery retail sector demonstrates positive signs of competitive dynamics with new products and services and a strong level of competition on price including aggressive marketing to consumers on price offers.' It notes that while we have experienced a 27 per cent increase in prices from 2021 up to June 2025 this is well below the European Union average, which has risen by 35 per cent over the same period. They also note that Ireland's rate of grocery price inflation has been below the EU average for 15 of the past 16 years (every year since the 2008 financial crisis apart from 2024). 'Overall, the high-level inflation figures do not suggest any significant market problems in the Irish grocery retail sector. If anything, the evidence suggests that Irish consumers have experienced significant price benefits compared to European counterparts,' concludes the CCPC. It's not quite 'stop your whinging, you don't know how good you have it', but it's close. It is certainly not what the Government was expecting or wanted to hear. Neither is the assertion that supermarkets are to be lauded for keeping prices down in the face of demands from food producers. 'There is a strong argument to suggest that this benefit [lower than average price inflation] has been influenced by the increased competition in the grocery retail sector discussed above,' the consumer watchdog ventures. The CCPC doesn't get into why farmers are pushing up their prices by more than their costs but the answer is probably the same reason any business would: because they can in a high-inflation environment The CCPC sees two broad reasons for why food prices are going up. The first is simply that Ireland is an expensive place. They cite structural factors in the Irish economy such as higher wages, geographic location and higher costs in construction, legal services and insurance, which push up prices here. The second reason is that food producers are increasing their margins. 'We can see that up until 2024, agricultural output prices largely tracked agricultural input prices. But in the very recent period, agricultural output prices have shown a strong increase compared to agricultural input prices,' according to the CCPC. It notes that agricultural output prices rose by 19.3 per cent during 2024, well above the EU average of 2.6 per cent for the same period. The CCPC doesn't get into why farmers are pushing up their prices by more than their costs but the answer is probably the same reason any business would: because they can in a high-inflation environment. There is another argument about what constitutes sustainable and fair margins in Irish farming but that is not much use to the Government. Politically, it is one thing scapegoating large supermarket chains for the rise in the price of groceries and associated public annoyance. It's another thing altogether blaming farmers.

Presidential election: Former chief medical officer Tony Holohan signals ‘encouraging' poll data
Presidential election: Former chief medical officer Tony Holohan signals ‘encouraging' poll data

Irish Times

timean hour ago

  • Irish Times

Presidential election: Former chief medical officer Tony Holohan signals ‘encouraging' poll data

Former chief medical officer Tony Holohan has offered the strongest signal yet that he will enter the race for the presidency as he described the results of research carried out on his potential candidacy as 'encouraging'. Prof Holohan 's supporters, who back a run for Áras an Uachtaráin, used polling company Amárach Research to explore his viability as a candidate. Participants in a survey were asked to rank their preferred choice for president out of five names listed. Fine Gael's Mairead McGuinness led the field on 29 per cent while Independent candidate Catherine Connolly was next on 22 per cent. These two are the only candidates who appear at this stage to have secured the nominations required to appear on the ballot paper. READ MORE Sinn Féin leader Mary Lou McDonald , who has not ruled out a presidential run, was on 20 per cent. Mr Holohan was on 15 per cent and former taoiseach Bertie Ahern – who has been among those speculated on as a potential Fianna Fáil candidate – was also on 15 per cent. Independent TD Catherine Connolly has held a press conference outside Leinster House where she spoke about her plans to run for president. Video: Bryan O'Brien Mr Holohan was CMO during the Covid-19 pandemic and should he seek the presidency, he will likely face scrutiny over his high-profile role at the time. Asked about the polling, Mr Holohan said he has been 'greatly encouraged' by people contacting him and suggesting he should run. 'Some supporters arranged for this limited piece of research and I was aware it was taking place. The results are encouraging, especially as I have not declared my candidacy,' he said. Mr Holohan said entering the race is a 'significant decision' and he is consulting with families and friends. 'I am conscious that any bid to secure a nomination needs a serious campaign. If I decide to proceed, I am confident I can put such a campaign in place quickly. I am fully aware that the decision will have to be made very soon,' he added. Those wishing to secure a place on the presidential election ballot paper must secure nominations from 20 Oireachtas members or four local authorities. Last weekend, businessman Gareth Sheridan announced he is entering the race and will seek council nominations. The field work for the Amárach Research survey was carried out between July 29th and 31st, before Mr Sheridan made his announcement. Labour Party backs Connolly Listen | 50:26 The questions on the presidency were posed as part of a wider omnibus survey on different topics. Amárach Research chairman Gerard O'Neill said the research was conducted online and it was 'a nationally representative survey of 1,000 adults', randomly selected from a larger panel maintaining quotas for age, gender, region and social class. He said the research offered an 'interesting snapshot' on the presidential election, but also that 'ideally you would go further' and also look at areas like likelihood of voting and party affinities. He said there is typically a margin of error of plus or minus 3 per cent for such surveys and the results are subject to statistical rounding. The cost of having questions asked as part of omnibus surveys can run from hundreds of euros to the low thousands. Mr O'Neill declined to confirm the sum spent on the questions on the presidency, saying it is 'commercially sensitive information'. He said paying for questions as part of an omnibus survey is a 'low-cost way of doing market research'.

US-China tariffs truce buoys European shares
US-China tariffs truce buoys European shares

Irish Times

timean hour ago

  • Irish Times

US-China tariffs truce buoys European shares

News of an extension to the tariffs truce between the US and China gave confidence to European investors and shares closed higher on Tuesday. Sectoral gains were led by energy shares but declines in heavyweight technology stocks limited advances. The European benchmark ended up 0.21 per cent to 547.89 in trading on Tuesday, DUBLIN The Iseq All-Share index ended the session up 0.75 per cent to 11,497.68, buoyed by a strong performance by AIB . The Irish bank rose 2.09 per cent to close at €7.10 in a strong day for the sector. Permanent TSB rose 0.9 per cent, reaching €2.24, while Bank of Ireland gained slightly, up 0.43 per cent to close at €12.935. READ MORE Mid-cap insurance brokers FBD Holdings rose 5.07 per cent to €14.50. It was a mixed day for the home builders. Glenveagh Properties rose 1.68 per cent, reaching €1.94, but Ires Reit was a drag on the index, falling 2.18 per cent to €0.988. Cairn Homes also fell on the day, dropping 0.68 per cent. In line with international sectoral movement, airliner Ryanair gained 1.08 per cent, reaching €26.20. LONDON The FTSE 100 made steady progress on Tuesday, boosted by a US-China trade extension and broadly as expected US inflation figures. The FTSE 100 index closed up 0.2 per cent, at 9,147.81. The FTSE 250 ended 0.2 per cent down, at 21,842.69. In individual shares, half-year results from Spirax Group were seen as 'very reassuring', following a difficult period marked by significant headwinds, analysts said on Tuesday. Shares in the Cheltenham-based industrial engineering company specialising in thermal energy management and fluid technology solutions soared 13 per cent as it reiterated full-year guidance and reported six-month results in advance of expectations. Isle of Man-based gambling firm Entain fell back 1.9 per cent after posting a £96 million pretax loss for the six months that ended on June 30th, compared with a profit of £13.7 million the year prior. Housebuilder Bellway climbed 1.6 per cent as it predicted further growth in the financial year ahead, despite 'softer' market conditions in recent months, and reported new home production in advance of guidance. EUROPE Most sectors on the benchmark STOXX 600 rose, led by energy with a 1.5 per cent advance. Vestas Wind Systems outperformed peers with a 4.7 per cent gain, after receiving US orders for undisclosed projects. Heavyweight tech shares fell 2.1 per cent to their lowest levels since early May. Software stocks in particular fell sharply on concerns that artificial intelligence could weaken this technology segment. SAP slid 7 per cent, while Nemetschek SE was down 11 per cent, the biggest decliners on the index. The stocks logged their steepest one-day declines since 2020. Sartorius rose 7.4 per cent after Jefferies upgraded the pharmaceutical equipment supplier's stock rating to 'buy' from 'hold'. Most regional indexes were higher, but Germany's DAX dipped 0.2 per cent. German investor morale fell more than expected in August, an index showed. Earnings in Europe have been resilient so far, partly because the recent EU-US tariff deal has eased concerns over how Trump's levies might affect corporate performance. Markets also eyed a Friday meeting between Donald Trump and Russian president Vladimir Putin on Russia's war in Ukraine. NEW YORK In midafternoon trading on Tuesday, Wall Street's main indexes were all advancing after losing ground in the prior session, with financials, communication services, energy, industrials and materials driving gains. US stocks have rallied in recent weeks and the tech-heavy Nasdaq touched a record high on Tuesday. The market was boosted by better-than-expected earnings from technology majors, a detente between the US and its top trade partners and on expectations of rate cuts. Among single stocks, Intel rose after Trump praised its chief executive Lip-Bu Tan following their meeting on Monday, days after seeking Tan's resignation. US-listed shares of On Holding climbed after the sportswear maker raised its annual sales forecast. Cardinal Health fell after the drug distributor said it would buy healthcare management firm Solaris for $1.9 billion. – Additional reporting, Reuters, PA.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store