Maintaining Your Chartered Director Designation

Continuing Professional Development (CPD)

The Directors College* requires that all Chartered Directors* undertake qualified continuing professional development activities, to a minimum of 15 hours per year, and totalling 50 hours in each 3- year period, beginning the calendar year after which the candidate successfully completes the qualifying exam.

For example, a candidate completing his/her Chartered Director designation in 2015 would need to earn minimum of 15 hours per year, and totaling 50 hours of continuing professional development between January 1, 2016 and December 31, 2018. He/she would then need to earn another, minimum of 15 hours per year, and totaling 50 hours, between January 1, 2019 and December 31, 2021, and so on.

Chartered Directors should evaluate their CPD activities in consideration of the following criteria:

  • Be quantifiable, meaning it must be specifically identifiable and expressed in terms of a specific time requirement;
  • Be directly related to the competencies needed to carry on his or her directorship/governance activities;
  • Be relevant to their current ‘governance professional’ needs and/or longer term directorship/governance career interests;
  • Contain significant intellectual or practical governance content;
  • Enhance their knowledge of boardroom and governance best practices;
  • Be offered through a credible learning institution, such as a university, college, private educator, professional or industry association, or an employer.

CPD activities can include

  • Courses, seminars or conferences;
  • Technical discussion groups;
  • Advanced or post-secondary education courses;
  • Structured self-study programs;
  • Participating as a guest speaker for a formal director education program;
  • Private reading, study and technical research;
  • Preparation time for lectures and presentations;
  • Research and writing time for governance professional or business related articles;
  • On-the-job governance training.

Exemptions

Chartered Directors, who are retired and no longer carry out board service, are exempt from the CPD requirement – after they file the exemption with the College. A written explanation for non-compliance in the Annual Declaration Form will be considered by the Directors College Education Committee. Per example, an illness, limiting your availability for board service, could be considered for an exemption.

The Education Committee of The Directors College determines whether to waive all or a part of the requirements, or considers and approves a plan to remedy any deficiencies over a reasonable period of time. Chartered Directors who fail to meet the requirement will be notified by The Directors College at the end of the first year of non-adherence and provided with information on how to enhance their understanding of the CPD Program and select relevant continuing professional development activities.

The Chartered Director certificate (and the right to use the designation) will be suspended if:

  1. Does not make a reasonable effort to provide evidence that they are maintaining their professional competence, fails to report their activities or files false or fraudulent reports;
  2. Fails to comply with the remedial plan approved by the date prescribed by the Education Committee;
  3. Does not submit Annual CPD Declaration Form by the due date.

An opportunity to appeal any suspension will be provided through the Education Committee of The Directors College.

Continuing Professional Development Suggestions

See events & webinars page for available CPD opportunities.

Suggested CPD Readings:

What our graduates say?

“The Directors College experience has been nothing short of exceptional, with immediate benefit within the boards on which I serve. Undoubtedly, this program supports its brand of being the gold standard in board governance effectiveness. Of particular benefit was the opportunity to share the learning experience with colleagues within their various roles at the boardroom table. I have developed an enriched knowledge base from which to draw, as well as an enhanced quality network. Without hesitation, I recommend this program, and congratulate its faculty and staff for its commitment to excellence within its mandate.”

Silvia Martini, Vice-President, Interlink Research Inc.

“I performed a significant amount of research when selecting an option for advanced governance education. All of my research pointed to The Directors College. Being the only university accredited program was important, but more important, was that the faculty has an amazing balance of academic and professional background. No other program offers such a unique and high learning environment – the perfect balance of academia and real examples. The experience is demanding and allows you to generate a vast networks of peers who are dedicated to raising the bar on governance – truly the gold standard.”

Daniel Johnson, B.Comm, C.Dir., Chief Executive Officer, Innovation Credit Union

“The Chartered Director program provided me with a solid foundation in governance which built my confidence to comprehensively serve as a director. The exceptional content and educational process enhanced my curiosity, courage and ability to ask the right questions on crown, non-profit and corporate boards.”

Victor T. Thomas, C.Dir., H.R.C.C.C., Vice Chair, SaskEnergy

“I thought the entire program was very well developed and comprehensive. You never know what to expect when you sign-up for these programs and this exceeded my expectations and was a great learning opportunity.”

James Scongack, C.Dir., Vice-President of Corporate Affairs, Bruce Power LP

“I found the Chartered Director Program to be an excellent forum to understand how strong governance complements effective management. The ability to create and execute an effective strategy is significantly enhanced by a robust process inclusive of board engagement where the right questions are asked and expected outcomes are identified. I truly enjoyed the setting which fostered a strong level of interaction that was supported by quality presentations and material. As CEO of a Shared Service Organization set to deliver benefits to its members, I see the advantage of having a number of our board members participating in this program.”

Tony Di Emanuele, MBA, C.Dir., President and CEO, Mohawk Shared Services

“A strong board needs a combination of industry knowledge and sound judgement. You need people able to challenge one another, but in a productive environment. The Directors College provides skills, perspectives and tactics to drive value as an effective and successful board member. As a graduate of the Chartered Director Program, I found The Directors College an excellent survey of the critical issues and developing trends of today’s corporate environment. I highly recommend The Directors College.”

The Honourable John Manley, P.C., O.C., C.Dir., President & Chief Executive, Canadian Council of Chief Executives and former Deputy Prime Minister of Canada

“The changes that impact corporate governance are establishing a pattern of increased accountability for the delivery of long-term value to customers, shareholders, employees and society. Proper corporate governance is now being defined to include knowledge of critical elements such as risk management and the measurement of strategic performance. At the end of the day, each board will be judged on its ability to effectively deliver value, rather than on its structure. The Directors College innovative program fills a unique and important gap in providing knowledge and insight as to how this expectation can be met. CMA Canada is pleased to be a sponsor of this timely initiative.”

Steve Vieweg, C.Dir., CPFA (Hon), FCPA FCMA, CEO, CPA Western School of Business

“As an organization focused on educating corporate secretaries, the CSCS believes in furthering the potential of board members to better contribute to building effective governance structures. Given the key role of directors and corporate secretaries in applying proper boardroom practices, corporations need to ensure that these individuals meet a professional standard. The Directors College curriculum covers all the formal regulatory issues for directors and also addresses the informal skills of building effective and appropriate relationships with senior management. We see significant benefits to this program and CSCS is pleased to endorse it.”

Lynn Beauregard, President, Canadian Society of Corporate Secretaries

The Directors College has developed a director education program which goes well beyond the fundamentals to address the structures and the behavioural components of principle-based governance. I am proud to be associated with the Directors College and I am honoured to lend my name to the College’s graduate award.

Gilbert Bennett, Director and Former Chairman of the Board, Canadian Tire Corporation Limited