The IoDSA History

1960

• The Institute of Directors in London established a branch in South Africa to canvass the business community to join the London institute.
• Harry Oppenheimer was appointed as the first President.
  

 

1960-1970

• Membership grows from 450 to 1319.

 

1985

• The IoDSA was incorporated as a Section 21 company under the Companies Act, 1973.
• The number of members grew to 1480.
• Basil Hersov was appointed as President.

 

1986

• The IoDSA took up premises, for its first offices, at Suite 102, Van Leer House, 15 Wellington Road, Parktown, Johannesburg.
• The initial rent amounts to R14.70 per month!

 

1991

• The first Chief Executive of the IoDSA was appointed, Richard Wilkinson.

 

1992

• The IoDSA Council approached Prof. Mervyn King with a mandate to form a committee responsible for drafting guidance on corporate governance for South Africa.
• The King Committee was established under the auspices of the IoDSA. The IoDSA provides financial and human resources; as well as administrative and operational infrastructure (which it continues to do).

 

1994

• The first King Report on Corporate Governance (King I) was issued and the King Committee assigned ownership of this and future reports to the IoDSA.
  

 

2001

• The IoDSA established a Director Development service offering.
• Reuel Khoza was appointed President, with Mervyn King as First Vice President. (Both continue to serve in these positions till present day)

 

2002

• The second King Report on Corporate Governance for South Africa (King II) was issued at a conference at the Sandton Convention Centre attended by 700 people on 26 March 2002.

 

2003

• Membership grew to 3000.

 

2004

• Tony Dixon was appointed as CEO.

 

2008

• Lindie Engelbrecht was appointed as CEO.

 

2009

• The third King Report on Governance for South Africa (King III) was issued in September at a conference at the Sandton Convention Centre.
• The IoDSA started facilitating board appraisal services.
• As it evolved to become an independent institute in its own right, the IoDSA ended its formal affiliation under the IoD UK in favour of a relationship between equals. New branding was adopted to evidence this newly established identity.

 

2010

• At the AGM a new Memorandum of Incorporation was adopted by members in terms of which governance is vested in a board of directors instead of a Council.
  
• Ansie Ramalho was appointed as CEO.
  

 

2011

• The milestone of 5000 members is reached.
  

 

2012

• The IoDSA was awarded status as a professional body for directors by the South African Qualifications Authority (SAQA).
• Richard Foster was appointed as Chair of the IoDSA Board.

 

2013

• The IoDSA launched the Chartered Director (South Africa) designation.

 

2014

• The King Committee and IoDSA make the decision to embark on the drafting of King IV.
• Ansie Ramalho stepped down as CEO of the IoDSA, in order to be the King IV project lead.
• Angela Oosthuizen was appointed as CEO.
• Ended the year with just over 7000 members.
  
  

2016

• The IoDSA launched the King IV Report on Corporate Governance for South Africa on 1 November 2016 at a conference of over 1400 delegates at the Sandton Convention Centre.
• The King IV Report was also launched on a mobile platform, the first of its kind.

 

2017

• Milestone of 8500 members was reached.
  
• IoDSA elected as chair of the Global Network of Director Institutes.
• The Certified Director designation was launched.
• IoDSA won the IRMSA "Risk Influencer of the Year" award.
• Prieur du Plessis was appointed as Chair of the IoDSA Board. 

 

2018

• Milestone of 9000 members was reached.

 

2019

• Parmi Natesan was appointed as CEO.
• Muhammad Seedat was appointed as Chair of the IoDSA Board.
• Name change to Institute of Directors in South Africa (from previous reference to "Southern Africa") to better reflect the IoDSA's main area of operation and influence.
  
  

2020

• IoDSA celebrates its 60th anniversary.
• IoDSA launched director development on digital platforms making programmes accessible throughout South Africa and Southern Africa.
• IoDSA launched Boardroom Bytes@9 webinar series.
• IoDSA won the Integrated Reporting Award in the NPO category for its 2019 Integrated Report.
  
  

2021

• IoDSA won the 2021 Integrated Reporting Awards in the NPO category by Chartered Governance Institute of Southern Africa.
  
• IoDSA won the Business of the Year 2021 by Standard Bank Top Women Awards.