The Thai Institute of Directors Association (IOD) is a leading organization dedicated to improving director professionalism and corporate governance in Thailand. Founded in 1999, two years following the 1997 Asian financial crisis, the IOD has been at the forefront of promoting good governance practices in the Thai companies. Through its various activities, the IOD had helped develop professional standard of directorship, and provided best practice guidelines for company director to perform their duties effectively up to the international standards. It is the IOD belief that with effective directors, the company will be guided in the way that it can be managed and operated effectively, hence, resulting in shareholders value and sustainable growth of the Thai economy.
The IOD is a non-for-profit, membership organization, established with support from Thailand capital market core institutions namely, the Securities and Exchange Commission, The Stock Exchange of Thailand, The Bank of Thailand, and the Foundation for Capital Market Development Fund, as well as international organization such as the World Bank. Today, the IOD is accepted domestically and internationally for its leading role in corporate governance, and have been cited as one of the most successful professional body in the national and international forums.