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Report on the SII Seminar

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October 8th saw our second seminar this time in conjunction with the local IOD branch with guest speaker Kevin Moore, Regions Director of the Securities & Investment Institute.  Twenty people enjoyed an enjoyable couple of hours from 6pm in the Garden Room at the Sefton Hotel, some even turned their cars around having heard it advertised on Manx Radio!  Kevin spoke on Integrity in the Workplace, considering the often vexing issue of ethics, perhaps the most relevant subject to raise in the backdrop of current events the world over.


After explaining the background and considering some examples, Kevin then moved to what for many was a new experience; using electronic voting devices, issued to everyone there (of course handed back afterwards!) and after a simple explanation Kevin proceeded to outline some case studies.  These ranged from a Wimbledon ticket being given to a junior employee, starting out as a simple entrance ticket through full VIP treatment on Mens Semi-Final Day, to someone who lied on their CV thirty years ago!  With some interesting bits in between as well.  The audience entered into the discussions with many ideas and options arising, mostly of course after the anonymous voting results were displayed - a veritable technological smorgasbord of local views on ethical issues!  Dr Freud would have had a field day.

 

However we paled in comparison to some of the voting on some questions that Kevin explained, where in America a group of bankers all voted one way, to a man and woman, then after being assured of the anonymity, all voted the mean way instead!  You can perhaps guess how the Compliance Institute presentation voting went...  Actually not entirely as you might think.

 

The evening was a great success, and comments received from those who attended ranged from ‘...the best seminar I have been to...’ right up to ‘...the best and most enjoyable, dare I say fun, evening never mind a seminar I have been to.’  Grateful thanks were extended to Kevin for giving of his time and energy in making the event such a success.

 

SII Seminar October 8th 2009

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NEDS IOM is delighted to announce our next seminar which will feature Kevin Moore, Regional Director of the Securities & Investments Institute.  We are running this seminar in conjunction with the Institute of Directors IOM branch, which is especially appreciated given Miles Templeman's recent positive comments concerning NEDS IOM.

Kevin is an engaging character and will be speaking on Ethics in Business, a subject many will consider novel given the news of the last couple of years, yet one that is of paramount importance to us all.
Our seminar will be held on:
  • Thursday  October 8th
  • In the Garden Room at the Sefton Hotel
  • The evening will commence with registration and refreshments at 6pm with a prompt 630pm start, ending about 730pm but no later than 8pm
  • Nominal cost to cover room hire of £5 per person
The seminar will involve the use of electronic voting devices which Kevin will be bringing, and promises to be an interesting, conscience provoking look at not just why but how we do business.
As a result numbers will be limited and so early booking is of course recommended to avoid disappointment.  Please reply to me directly to register.

NEDS IOM looks forward to welcoming you on the 8th.  Because of anticipated demand, the event is initially only being offered to NEDS IOM and IOD members prior to more general release.  The SII is also keen to allow members to attend so will be the third line of offer before the general public.  Hopefully your interest is already piqued and you will reply sooner rather than later.

On behalf of NEDS IOM I look forward to welcoming you at this event and hope you are already benefiting from your membership.
To confirm your place please confirm by email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it and pay your £5 at the door.
 

IOD Press Release August 2009

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Institute of Directors in London encourages NEDS IOM:

 

Director General Miles Templeman recently issued the following comments concerning NEDS IOM:

‘The IoD is pleased by any initiative which encourages both Executive and Non-Executive Directors on the Isle of Man who meet the necessary eligibility criteria to apply and seek qualification for the unique and very highly regarded status of Chartered Director.

We recognise that a number of individuals from the island have already done so and that this continues to receive most welcome support from the Department of Trade and Industry, and the Treasury, through emphasis on the importance of integrity, honesty and professionalism at a time when evidence and reinforcement of these qualities is so clearly needed.’

 

 

Treasury Press Release July 2009

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Latest IOM Finance Newsletter includes a news of NEDS IOM and a press release from the Treasury Minister where he applauds what NEDS IOM is seeking to achieve, see page 6 of the newsletter for the full article.
 

Press Release May 2009

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NEDS IOM NEWS UPDATE

Island Recruitment Firms welcome launch of NEDS IOM

Following the successful launch and first 3 months of NEDS IOM, over half of the Island’s recruitment firms have been in touch to congratulate the initiative and offer their support as it grows into the leading place to find a NED.  It has been very pleasing to receive such encouragement and support during this initial phase.

As NEDS IOM is a not for profit organisation, (and indeed currently makes no charge for its services), this support is welcomed.  In fact, offers of greater help have had to be turned down so as not to cause any conflict within that important business sector.  Similarly, support has been given by our many friends in the legal and accountancy professions, who also share the goal of strengthening our NED pool.

 

First NED Training event hosted

May 14th saw the first seminar hosted by NEDS IOM at the IOM Business School and proved to be a great success.  In addition to running her own business, Jo is Head of Corporate Finance at MGR, and a tutor for the Institute of Directors Chartered Director course on both the Director & the Law and the Diploma course.  Jo discussed why NEDS need to be up speed and informed so that they can deliver a true duty of care and skill, in a humorous and informing style, which had everyone's rapt attention.  As this was the only day in the year Jo was able to join us, there was an inevitable clash with another event, but despite that almost 20 people were there for a very interesting call to being a NED in a professional and informed manner.  Jo's 7 rules for NEDs were received very well and will remain in attendees minds for some time to come: especially rule number 6, which is to have your mobile off or silent and never answer it in Board meetings!

 

For further information please visit www.neds.im or contact John Sheath on This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

 


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