The annual awards launched this year by the Isle of Man branch of the Institute of Directors aimed at celebrating outstanding business leadership are attracting a steady flow of nominations as the closing date of March 18 fast approaches.
The awards will be judged by IoD branch chairman Clive Parrish, his predecessor in the role Sally Bolton and Isle of Man Creamery managing director Findlay Macleod, who is a reviewer on the IoD’s chartered director programme.
And in another move the IoD is also having a celebration of its own with the announcement that it has a new home in the centre of Douglas courtesy of professional services group Middleton Katz.
Mr Parrish said: ‘We are delighted with the response so far but we would like to see even more nominations before the final closing date as these awards are all about raising awareness of the significant contribution business leaders can make to the economic prosperity of the island.’
The winners of the four categories will also be entered into the UK National Awards, which take place in London, as national winners in the Isle of Man.
‘This will be a great opportunity for the IOM branch to showcase the quality of directors that operate in the island,’ added Mr Parrish.
The Awards are being sponsored by law firm Appleby and are open to IoD members and non-members from the public, private and third sector.
The winners will be announced at the IoD’s springlunch on Friday, April 15.
The categories are:
l SME Company Director of the Year – open to directors of companies with an annual turnover of under £10 million.
l International Director of the Year – open to all directors in Isle of Man based companies with overseas sales. The entrant must be able to show that a minimum of 25 per cent of the company’s turnover comes from overseas sales and must be successful in exporting and committed to continual growth in the international arena.
l Young Director – directors must be under the age of 42 and able to point to outstanding achievements at work in the previous 12 months.
l Non-executive Director – this seeks to recognise the important role that non-executive directors can play on the board of a company, regardless of its size. The entrants will hold a non-executive director position within a company, public or third sector organisation and be able to highlight the role that they have played in its overall success and growth.
The IoD has taken up residence in the Middleton Katz building at 11 Hope Street, Douglas. The move comes in the wake of the closure of The Forum in Mount Havelock, Douglas where the IoD previously had its office facility.
The firm’s principal Martin Katz said: ‘We are delighted to have been able to offer the IoD an office facility within our building.’
Mr Parrish said: ‘It’s very much a case of one door closes and another opens.
‘We are extremely grateful to Martin for offering us this facility which allows us to remain in the centre of Douglas and puts the IoD at the heart of the Douglas business quarter.’
Further information on the awards is available on www.iod.com/connecting/local-networks/isle-of-man or contact Claire Veale at admin@iod.im for an application form.