Booking options
€460 - €880

€460 - €880
Live Online
21 CPD Units | 21 Hours
HRDA Subsidised
The EIMF Live Online Learning Experience
Participants will receive access to the recorded sessions of the course.
EIMF subject-matter experts deliver engaging and interactive courses across a broad spectrum of areas, that can be enjoyed in the comfort of your own chosen environment. Read more
Course Overview
Effective Directors and Board members need to be the driving force that will lead to the success of their organisation. Whether you are a newly appointed Director, seeking to join the Board, or merely wanting to consider the impact of your role and enhance your leadership skills, the EIMF’s Directors Development Programme will equip you with the core skills and awareness to function effectively as a Director and/or Board member.
Attending this programme will provide Directors with a wealth of knowledge and insight into the three most essential areas for any Director – corporate governance, board strategy, and leadership. In this course, you will attain:
A comprehensive review of Corporate Governance theory
An in-depth view of the role, responsibilities and legal duties of a director including the knowledge and skills relevant to exercising the duties and responsibilities of a Board director in Cyprus
An understanding of the characteristics of an effective board, including ethical and professional conduct standards
The techniques and ways of thinking that will build confidence, so as to become an even more effective leader and more able to deal with the everyday responsibility, accountability and pressure that a Director faces
Training Objectives
To understand the legal and regulatory environment in which the Board of Directors must function
To understand the roles and responsibilities of a Director
To pinpoint the key areas of a directors’ mandate which require on-going attention
To learn the key critical success factors for an effective Board
Overview of the Internal Audit Report from the perspective of the board
Overview of the ICAAP Report / Risk Management Report from the perspective of the board
Overview of the Compliance Report from the perspective of the board
Overview of the Anti Money Laundering Report from the perspective of the board
Overview of the Financial Statements from the perspective of the board
Ethical Leadership from the perspective of the board
Training Outline
Defining Corporate Governance
The Importance of History & Culture (Context)
The Two Agendas: Agency Theory v Stakeholder Theory
Resource Theory: Boards Adding Value
The Layers of Corporate Governance
The DNA of Good Governance
Four Board Types
Four Perspectives of the Board
Issues Between the Main Players in Corporate Governance
Case Study Intro: Video (45 minutes)
Governance Lessons Learned from the Past
Role Clarity of a Board
Board Composition & Structure
Chair Effectiveness
Effective Board Meetings & Processes
Knowledge of Industry & Organisation
Board Relationships
Board Evaluation & Development
Regulatory Reporting & The Board:
- The Internal Audit Report
- The Risk Management Report
- The ICAAP Report
- The Compliance Report
- The AMLCO Report
- The Annual Financial Statements
Ethical Leadership & The Board
Change Leadership & The Board
Who Should Attend
Directors
Non-executive Board Directors
Independent Board Directors
Secretaries to the Board of Directors
Chief Compliance Officers
Chief Executive Officers
Risk Managers
Internal Auditors
General Managers and other Senior Managers
Training Style
Using a discursive approach to sharing key information, critical theory illustrated with practical experience will be conveyed to participants to be reinforced by mutual sharing and learning. After building a solid foundation of understanding, participants are walked through best practice and technique to ensure Board effectiveness, using a real-life Case Study to ensure a real life understanding of the issues.
CPD Recognition
This programme may be approved for up to 21 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
In-house Training
For groups within the same organisation, this course may be customised to meet any specific needs and delivered in-house.

Petros Florides
Petros Florides has over 25 years of financial services experience in the areas of private banking, fund management, stockbroking, private equity, proprietary trading and microfinance. He is an Honours graduate in Accountancy and holds a number of professional qualifications, including: Chartered Director; Chartered Management Accountant; Chartered Fellow of the Chartered Institute for Securities & Investments ('CISI'); Certified Member and holder of the Governance Specialist Qualification of the Institute for Risk Management. He is currently employed by World Vision International as Senior Director of Global Governance for the regions of Europe, Middle East, Asia and Australasia. Petros has published numerous articles on governance and related areas, and was the lead author of the Code for Public Sector Governance which, after five years of public consultation, was approved by the Cyprus Council of Ministers in July 2019. Petros also serves as a Non-Executive Director - either as Char of the Board or Audit Committee - of companies within the industries of financial services, fintech and digital solutions. He has also served on the CISI Board of Trustees (UK) since June 2019, and is Co-Founder and Past-President of the CISI Cyprus National Advisory Council. Petros successfully completed: the Certified Sustainability (ESG) Practitioner Advanced Program (approved by the Chartered Management Institute) in 2021; and, the PRI Academy courses in Applied Responsible Investment and Responsible Investment for Trustees. In addition, Petros has represented the Cyprus Institute of Directors on various fora of the European Community Directors Association (‘ecoDa’). Petros is accredited in two different methods of psychometric testing that he uses to integrate an understanding of human behaviour in his teaching of professional and bespoke executive courses in the areas of governance, risk, leadership, sustainability and ethics through CISI Accredited Training Providers and other prestigious institutions. He is also a regular speaker and panelist at public events on the same subjects. Petros is also a founding member of the Advisory Council for the Centre for Good Governance."