The CIoD Nigeria’s Young Directors Forum
(YDF) is primarily an assemblage of directors who are young in age and inexperience on the board. This could cut across the SMEs, quoted companies, and
unlisted private companies. The forum will capture directors that are young
across companies in all sectors. Under YDF, these young directors are brought
together for capacity development and mentorship, to give them
the right tutelage to grow their leadership experience, exposure, and corporate
governance skills, culture, practices, as well as standards.
It is anticipated that the Forum be
organised for a formal programme, such as seminar, periodically based on the
frequency proposed by the Committee and approved by the Council. Speakers and
discussants at the Forum, carefully selected, should be a mix of successful and
experienced directors of small and big companies. Also, the speakers’ age
should reflect a generational mix of old and young corporate board members as
well as successful entrepreneurs. Being a Forum for young directors, the
proportion of speakers should be deliberately skewed in favour of successful
young directors who have excelled in their professional fields and the
1. YDF in a Nutshell
Young Directors Forum (YDF) is, therefore,
a network of young, talented, and up-coming board leaders who serve as
executive or non-executive directors in small and big firms across sectors of
the Nigerian economy. These young directors are keen knowledge seekers who are
interested in taking advantage of the CIoD Nigeria platform to build capacities
in corporate governance skills, and practices, as well as taking advantage of
access to free mentorship services while creating strong peer networks that
add value while discharging their roles and responsibilities as directors.
Ultimately, they are groomed to become IoD Chartered Directors who give back to society by mentoring others and supporting the growth of CIoD Nigeria.
2. Broad Membership Criteria for YDF
In a broad sense, however, ‘YOUNG’ in
‘Young Directors Forum’ is not restricted to age, but extended to include all
owner-managers or intending entrepreneurs who seek to be groomed in the
knowledge and practice of corporate governance and company direction. Considering
this, the membership of YDF will comprise the following:
* Category A: Executive and non-executive directors or
owner-managers who are young in age and young in experience on the board or in
company direction roles. Boards in this context cut across the SMEs quoted
blue chip companies, and unlisted private companies.
* Category B: Directors who are young in boardroom
experience, but not young in age. This includes executive and non-executive
directors who are relatively new in board roles and who require some form of
coaching or mentoring as they learn the ropes.
* Category C: Directors who are old in age, but young in private businesses. This includes entrepreneurs who are venturing into personal businesses after years of active service in either the private or the public sector. They need to be groomed and developed in corporate governance practices.
* Category D: Top management staff in organisations across
sectors who see the need to acquire board-level orientation and competencies as
part of the preparation to achieve career dreams.
* Category E: Directors in the civil service who see the
need to be acquainted with the knowledge of company direction, as well as the need
to acquire an understanding of corporate governance practice so they may be able
to contribute optimally to possible board roles after retirement.
By implication, therefore, YOUNG in “Young
Director Forum” is not necessarily determined by age.
3. Goal of YDF
The goal of the YDF is to build the skills
and necessary competencies in young directors through structured Young
Directors Development programmes that include both online and offline
capacity building and mentoring programmes that will position them for becoming
full members of the prestigious Institute of Directors Nigeria, helping them to
add immense value to business growth and national economic development by
modeling sound corporate governance practice.
4. Objectives of YDF
The key objectives of YDF are to:
* Discover and nurture young
directors who would be supported by the Institute to become outstanding
directors of successful businesses
* Provide YDF members with opportunities
for progressive advancement in membership status till they become Full Members
of CIoD Nigeria
* Build the
leadership capacity of young directors in business, to position them for
effective and efficient board-level functions locally and globally
* Raise generations of successful
young directors who in turn raise others through a well-structured coaching and
* Provide access to technical and
non-technical guidance for transforming small businesses into large ones
through the understanding and application of standard corporate governance
* Create strong peer networks of
vibrant and creative young directors across industries to facilitate
interaction amongst members for knowledge sharing, experience sharing, exchange
of ideas, and developing initiatives for new business and leadership frontiers
* Promote excellence and healthy competition among young directors by giving Awards
Tobi Adeosun, Telephone:07062148115. Email: email@example.com
Theresa Idok, Telephone: 08032825038. Email: firstname.lastname@example.org
Jazuli Lawal, (Abuja), Telephone: 08023111524.
Olisa Iloba, (Port-Harcourt), Telephone: 08032790852.
Download YDF Membership Application Form