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Building Future Boards For Excellence
Over the years, the Institute of Directors (IOD), India has forged many strategic alliances, but this journey to Vietnam, culminating in the MoU signing ceremony on 18 July 2025, stands out. Together with the Vietnam Independent Directors Association (VNIDA), we at IOD are exploring synergies to elevate the experience and ecosystem for Independent Directors in both India and Vietnam. IOD's globally recognised program, like Masterclass for Directors, will be leveraged to upskill Vietnam's board members.
International Conference on Environment Management was organised by IOD, focusing on the need for corporates to take active action and play an effective role in environmentally sound economic growth. Participants emphasized that IOD's leadership in training and awareness of governance issues has played a relevant and effective role.
IOD Members’ Meet 2025 (Bi-annual) in New Delhi, on the theme “Unleashing the Transformation Power of Independent Directors,” unveiled IOD's Eight-Pillar Framework- A bold roadmap to strengthen board independence, accountability, and transparency.
'Shaping the Future Boards' is a new challenge for the global business community. The role of the board has evolved far beyond traditional oversight. Boards are expected to set the company's strategic direction - supervise management performance - address ESG, ethics, and suitability - safeguard the interests of all stakeholders, not just shareholders - and navigate crisis, risk, and disruption with agility and foresight. The right board of the future will be balanced, diverse, competent, future-ready, and ethical. This means the board must have the right mix of skills, experience, values, and representation. Above all, a shared sense of purpose and stewardship should evolve. When discussing ESG, it is observed that 96% of directors expect a strengthened focus on ESG in the coming years – proof that sustainability is now a board-level imperative. In just 6 years, cybersecurity expertise on US boards rose from 19% to 72%, and now over a third of S&P 500 directors have a technology background. Nearly two-thirds of boards seek AI as a strategic decision-making enhancer. This is a picture of the operational model of leading MNCs. Boards with poor diversity are observed to underperform by 27% financially. The boards of the future will certainly have resilience and transformative capabilities.
2025 Annual Directors Conclave is being organized on the theme: “Shaping Tomorrow's Boards: The Competitive Edge,” on 8 August 2025 in New Delhi. This will provide an opportunity for participants to interact with global leaders advising on future boards.
Additionally, IOD's 2025 London Global Convention (November 04 – 07, 2025), will put the spotlight on the global leaders who will convene to address pressing governance challenges, from the board's independence to sustainable growth strategies.
Our mission is clear: Elevate governance standards, protect IDs, and foster stakeholders' trust. As India strides towards Viksit Bharat 2047, boards must embrace these reforms to ensure sustainable, ethical growth.
IOD remains dedicated to redefining governance, championing transparency, and elevating the role of independent directors. Together, we are building a corporate ecosystem rooted in accountability, foresight, and long-term resilience.
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Pradeep Chaturvedi
Vice President - Institute of Directors
He is former Advisor FAO & former Chairman, Institution of Engineers, Delhi. He is a Mechanical Engineer & has been involved with Environment & Energy Policy (planning & implementation) of energy projects under the UN Agencies for over three decades in India & other Asian and Pacific countries. He is Vice-President, World Environment Foundation & Institute of Directors, India.
Owned by: Institute of Directors, India
Disclaimer: The opinions expressed in the articles/ stories are the personal opinions of the author. IOD/ Editor is not responsible for the accuracy, completeness, suitability, or validity of any information in those articles. The information, facts or opinions expressed in the articles/ speeches do not reflect the views of IOD/ Editor and IOD/ Editor does not assume any responsibility or liability for the same.
