Thai Institute of Directors

What Thai Institute of Directors does

Thai Institute of Directors Association (Thai IOD) is a Thailand-based not-for-profit, membership-based professional organization founded in 1999 in the wake of the 1997 Asian financial crisis. It was established with direct support from Thailand's principal capital market institutions — the Securities and Exchange Commission (SEC), The Stock Exchange of Thailand (SET), Bank of Thailand, the Foundation for Capital Market Development Fund, and the World Bank — and is recognized domestically and internationally as Thailand's leading body for corporate director professionalism.

The organization's core offering is the Director Certification Program (DCP), augmented by Director Training Courses for directors, committees, and company secretaries, plus a portfolio of fee-based seminars and forums (Chairman Forum, Independent Director Forum, Company Secretary Forum, Audit Committee Forum, and the annual National Director Conference). Its research and publication stack includes the Corporate Governance Report (CGR) of Thai Listed Companies, the Directors Compensation Survey, the ASEAN Corporate Governance Scorecard, the Board Toolkit, Boardroom Guidelines, and the Boardroom magazine and e-newsletter. Auxiliary services include the Director Search/Director Pool matching platform, Communities of Practice in Sustainability, Technology & Innovation, and Business Transformation, and an IOD Shop for governance publications and accessories. The Board of the Year Awards, co-organized with SET, is a flagship recognition program.

The business model is multi-stream: recurring membership dues from individual, juristic, and associate members (individual annual fees 4,000 Baht, with 3- and 5-year options up to 12,000 Baht); fee-based training and certification; fee-based events and conferences; one-time sales of research publications and merchandise; and corporate sponsorship from 17+ Thai listed companies across energy, banking, manufacturing, and consumer sectors. A network of 5,000+ directors and executives is sustained via in-person delivery at its Bangkok headquarters (CMA Building 2, Vibhavadi-Rangsit Road), social communities on LinkedIn, Facebook, and Line, and a Member ID portal for registration, publications, and Director Pool access.

Name

Thai Institute of Directors

Legal name

Thai Institute of Directors Association

Website

https://thai-iod.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Thai Institute of Directors Association (Thai IOD), founded in 1999 in Bangkok, is a not-for-profit professional membership body serving Thai listed-company directors and executives through certification programs (DCP), training, forums, governance research publications, and the annual Board of the Year Awards.

Ownership category

akta.pro rank

Product category

Corporate Governance Training and Professional Development

NAICS

Business Associations (813910)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Governance, Public Financial Management & Service Delivery Reform (BPADAEAD)

Keywords

• Corporate governance training
• Director certification
• Board effectiveness assessment
• Governance publications
• Director search services

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Fees: Annual membership fees from individual, juristic, and associate members. Individual membership carries an initial fee of 5,000 Baht plus annual fees ranging from 4,000 Baht (1-year) to 12,000 Baht (5-year). Juristic membership fees vary by number of representatives (3,000–4,000 Baht each initial fee, with 3-year options). Associate membership ranges from 1,500 Baht initial to 7,500 Baht for 5-year terms. All prices include 7% VAT.
2. Director Training Programs: Revenue generated from Director Certification Program (DCP) and related training courses including extension programs, courses for directors, for committees, and for company secretaries. Training programs are fee-based with member discounts offered.
3. Seminars and Events: Fee-based seminars and forums including Chairman Forum, Director Forum, Independent Director Forum, Company Secretary Forum, National Director Conference, and National Conference on Collective Action Coalition Against Corruption. Events include breakfast talks, luncheons, briefings, and workshops.
4. IOD Shop — Publications and Merchandise: Sale of publications including Boardroom Guidelines, Board Toolkit, Corporate Governance Reports, Directors Compensation Surveys, ASEAN CG Scorecard reports, and Boardroom magazine issues. Also offers books and accessories for directors with bulk order discounts available.
5. Research and Survey Reports: Revenue from specialized research publications such as the Directors Compensation Survey and Corporate Governance Report of Thai Listed Companies (CGR), available for purchase with special access rights for participating companies.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Thai Institute of Directors (Thai IOD) is a not-for-profit professional membership organization that delivers director training, certification, and corporate governance services in Thailand. Its core offerings include the Director Certification Program (DCP) and related training courses, fee-based seminars and member-exclusive forums (Chairman Forum, Director Forum, Independent Director Forum, Company Secretary Forum), research publications such as the Corporate Governance Report (CGR) and Directors Compensation Survey, governance tools (Board Toolkit, Boardroom Guidelines), Board of the Year Awards, Director Search service, Community of Practices programs, and the IOD Shop for governance-related resources.

Product overview

Thai Institute of Directors (Thai IOD) is a not-for-profit professional membership organization offering a comprehensive portfolio of director development and corporate governance services. The core offerings include the Director Certification Program (DCP) and related training courses, seminars and forums (including Chairman Forum, Director Forum, Independent Director Forum), research publications (Corporate Governance Report, Directors Compensation Survey, ASEAN Corporate Governance Scorecard), governance tools (Board Toolkit, Boardroom Guidelines), and the Board of the Year Awards program. Additional services include Director Search, Community of Practices, and an IOD Shop for governance-related resources.

Differentiator

Problem solved

Functional benefit

Products and services

• Director Certification Program (DCP)
• Director Training Courses
• Leading in the Age of AI
• Membership (Individual, Juristic, Associate)
• Seminars and Member Forums
• Corporate Governance Report (CGR)
• Directors Compensation Survey
• ASEAN Corporate Governance Scorecard (ACGS)
• Boardroom Magazine
• Board Toolkit
• Boardroom Guidelines
• Director Search Service
• Community of Practices
• IOD Shop

Quantifiable outcome

• Over 5,000 directors and executives served through membership network
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Partnerships

26 partnerships are on record, tiered core and minor.

• Securities and Exchange Commission (SEC) — ThailandcoreStrategic or Co-development PartnerSEC Thailand is a founding partner of Thai IOD, established with SEC's support alongside SET, Bank of Thailand, and the Foundation for Capital Market Development. SEC collaborates with Thai IOD on regulatory advocacy, CG Code development, and corporate governance policy for Thai listed companies.
• The Stock Exchange of Thailand (SET)coreStrategic or Co-development PartnerSET is a founding partner of Thai IOD and co-organizer of the annual Board of the Year Awards. SET collaborates on the ASEAN CG Scorecard program, CGR surveys, and other corporate governance initiatives targeting Thai listed companies.
• Bank of ThailandcoreStrategic or Co-development PartnerBank of Thailand is a founding institutional partner of Thai IOD, supporting the organization's establishment in 1999 as part of post-crisis corporate governance reform efforts.
• Foundation for Capital Market DevelopmentcoreStrategic or Co-development PartnerThe Foundation for Capital Market Development Fund is a founding institutional partner of Thai IOD, providing support for the organization's establishment and ongoing mission to promote corporate governance in Thailand.
• World BankcoreStrategic or Co-development PartnerThe World Bank is an international founding partner of Thai IOD, supporting its establishment in 1999 as part of international efforts to strengthen corporate governance in post-crisis Thailand.
• Collective Action Coalition Against Corruption (CAC)coreStrategic or Co-development PartnerThai IOD is a key partner with CAC, co-organizing the annual National Conference on Collective Action Coalition Against Corruption and promoting anti-corruption practices among member directors and Thai companies.
• OECD (Organization for Economic Co-operation and Development)coreStrategic or Co-development PartnerThai IOD collaborates with OECD on corporate governance frameworks, using OECD Principles of Corporate Governance as a foundation for its training curricula and CGR evaluation criteria.
• CG Thailand (Corporate Governance Thailand)coreStrategic or Co-development PartnerThai IOD partners with CG Thailand organization to promote corporate governance best practices among Thai businesses and listed companies.
• IVL (Indorama Ventures Public Company Limited)minorOthersIVL is listed as a sponsor of Thai IOD, supporting the organization's events and programs as part of its corporate social responsibility and governance advocacy commitments.
• KBank (Kasikorn Bank)minorOthersKBank is a sponsor of Thai IOD, contributing to the organization's mission of promoting corporate governance in Thailand through event sponsorship.
• SCBx Public Company LimitedminorOthersSCBx is a sponsor of Thai IOD programs and events supporting corporate governance advancement among Thai companies.
• BCP (Bangchak Corporation Public Company Limited)minorOthersBCP is a sponsor of Thai IOD, supporting governance initiatives and director training programs.
• CPF (Charoen Pokphand Foods Public Company Limited)minorOthersCPF is a sponsor of Thai IOD, supporting the organization's mission to promote corporate governance best practices.
• GPSC (Global Power Synergy Public Company Limited)minorOthersGPSC is a sponsor of Thai IOD, supporting director development and corporate governance programs.
• PTTEP (PTT Exploration and Production Public Company Limited)minorOthersPTTEP is a sponsor of Thai IOD, supporting the organization's events and governance advocacy work.
• PTTGC (PTT Global Chemical Public Company Limited)minorOthersPTTGC is a sponsor of Thai IOD, contributing to director training and corporate governance initiatives.
• PTTOR (PTT Oil and Retail Business Public Company Limited)minorOthersPTTOR is a sponsor of Thai IOD, supporting the organization's mission to promote corporate governance among Thai directors.
• SCG (Siam Cement Group)minorOthersSCG is a sponsor of Thai IOD, supporting corporate governance development programs and director training.
• Singha (Boonrawd Brewery)minorOthersSingha (Boonrawd Brewery) is a sponsor of Thai IOD, supporting the organization's governance and director professional development initiatives.
• TOP (Thai Oil Public Company Limited)minorOthersTOP is a sponsor of Thai IOD, supporting corporate governance advocacy and director training programs.
• TISCO Financial GroupminorOthersTISCO is a sponsor of Thai IOD, supporting the organization's mission to advance corporate governance practices in Thailand.
• IRPC Public Company LimitedminorOthersIRPC is a sponsor of Thai IOD, supporting director development and governance initiatives.
• BKI (Bangkok Insurance Public Company Limited)minorOthersBKI is a sponsor of Thai IOD, supporting corporate governance programs and director training.
• BBL (Bangkok Bank Public Company Limited)minorOthersBangkok Bank is a sponsor of Thai IOD, supporting the organization's corporate governance advocacy and director development mission.
• PTT Public Company LimitedminorOthersPTT is a sponsor of Thai IOD, supporting the organization's governance initiatives and director professional development programs.
• GSB (Government Savings Bank)minorOthersGSB is a sponsor of Thai IOD, contributing to corporate governance advancement in Thailand.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Institute of Directors (UK) / IoD Chartered Management Institute: The original UK-based professional body for directors, offering the Chartered Director qualification and serving a much larger market. Operates in the same category as Thai IOD but at significantly greater scale and geographic breadth.
• Australian Institute of Company Directors (AICD): Australia's national membership body for directors and governance professionals, offering the Company Directors Course and director education programs. Operates in a comparable governance ecosystem to Thailand but at larger scale and with broader Asia-Pacific reach.
• National Association of Corporate Directors (NACD) (US): Leading US membership organization for corporate directors, offering certification (NACD Directorship Certification), board resources, and director recruitment services. Comparable value proposition in a much larger market.

Direct peers

• Hong Kong Institute of Directors (HKIoD): Hong Kong's chartered body for directors offering certification programmes, professional development, and a director pool/search service. Highly comparable in offering set and the combination of certification plus director placement.
• Indonesian Institute for Corporate Governance (IICG): Indonesia's not-for-profit promoting corporate governance best practices through research, training, and the Indonesian CG Conference and Awards. Directly comparable role in the Indonesian listed-company ecosystem.
• Singapore Institute of Directors: Singapore's national professional body for corporate directors, offering similar Director Certification/Skills programmes, board readiness courses, and an Independent Director Register. Directly comparable mission, structure, and ASEAN regional context to Thai IOD.
• Malaysian Institute of Corporate Governance (MICG): Malaysia's national institute promoting corporate governance and director professional development through training, publications, and events. Closely comparable in scope to Thai IOD, with similar regional positioning in ASEAN capital markets.

Regional players

• Korean Institute of Directors (KIoD): Korea's professional body for directors, offering director training programmes and governance research. Similar professional association role to Thai IOD but focused on the Korean listed-company market.
• Japan Association of Corporate Directors: Japanese national body representing corporate directors and providing training, research, and policy advocacy on corporate governance reform in Japan. Comparable function to Thai IOD, but operating in a different national regulatory environment.

Others

• Global Network of Director Institutes (GNDI): An umbrella network connecting national director institutes worldwide, of which Thai IOD is a member. Relevant as an ecosystem-level peer that links Thai IOD with global governance communities, but not a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/thaiiod

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thai Institute of Directors