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he explains. "However, over time
additional sessions have been added
to address the unique governance
challenges and issues within family
businesses, co-operatives and credit
unions, and Crown Corporations. As
the governance landscape evolves, the
program's goals and relevance have to
stay in step with these changes."
The course is broken into four
three-day modules, undertaken
over a period of about six months.
Participants learn best practices and
gain knowledge about emerging
governance trends through a series
of lectures, case studies and board
simulations to help them execute their
director duties more e…ectively.
Since it was ˆrst o…ered in 2004,
more than 3,800 people have completed
the program. "The
DEP faculty includes
some of the best academics, governance
thought leaders and seasoned directors
in Canada, but what makes the program
di…erent is the talent in the classroom,"
says Buhagiar. "Participants learn just
as much from classmates and their deep
and diverse backgrounds as they do
from the faculty."
Following the successful completion
of a written exam and a board meeting
simulation exercise with a board chair
and vice chair,
DEP participants earn the
ICD.D designation.
Those with the designation are
required to complete 14 hours of
continuing education credits annually,
and the
ICD provides ongoing learn-
ing opportunities in di…erent formats.
One-day short courses are o…ered on
topical governance subjects, as well as
webinars and video learning for those
members who prefer the •exibility of
online learning.
"Ultimately, the
DEP provides gradu-
ates with a comprehensive tool kit that
broadens their skills in and understand-
ing of speciˆc areas of interest for direc-
tors such as strate•y and risk oversight,
legal and regulatory oversight, ˆnancial
reporting, human capital oversight and
critical board dynamics," says Buhagiar.
"The
ICD.D designation represents a
commitment to director excellence and
lifelong learning."
