Individual Membership Criteria

 

 

The Institute has 4 categories of individual membership. Individuals may apply to join as either Ordinary or Associate Member. Fellow and Honorary Fellow membership are by invitation only. From time to time, the Governing Council may invite individuals who have met the prescribed criteria to be a Fellow or an Honorary Fellow. Overseas applicants can join SID as an Ordinary or Associate Member under the Global Associate Scheme, subject to eligibility.

General Criteria

No person shall be invited to be admitted as a Member and the Membership Admission Committee shall not so consider any application for membership if the applicant:

  • is prohibited under the Companies Act, Cap.50 from acting as a director; or
  • is an undischarged bankrupt whether in Singapore or elsewhere; or
  • is deemed to be insolvent within the meaning of applicable legislation in Singapore; or
  • is, in the opinion of the Governing Council, not a fit and proper person to be admitted as a Member.

 

Specific Criteria

The following are criteria of each type of individual membership:

 

ORDINARY MEMBER

Admission to the category of Ordinary Members may be made by an applicant who at the time of the application

  • is or has been a director or alternate director for at least two (2) years' standing in any corporation; or
  • is a senior executive for at least three (3) years' standing in a corporation which is listed on any stock exchange or a statutory board or a regulatory body in any part of the world with managerial responsibilities equivalent to those of an executive director; or
  • is an academic personnel of assistant professor level or equivalent or a partner or sole proprietor or senior manager or equivalent of a professional practice (e.g. accountants, advocates and solicitors) with at least three (3) years' involvement or professional practice in matters relating to corporations and corporate governance generally; or
  • is an Associate Member who has completed a Company Directors' Course organised by the Institute.

- in the opinion of the Governing Council, by virtue of his/her expertise, experience, standing or stature in the community, ought to be admitted as a Ordinary Member notwithstanding that the individual has not satisfied the prescribed conditions stated above.

ASSOCIATE MEMBER

Admission to the category of Associate Members may be made by an applicant who:

  • does not meet the criteria required of an Ordinary Member; or
  • has enrolled in a Company Directors' Course organized by the Institute.

 
The Company Directors Course shall mean such a course of study or a combination of several modules or courses of studies organized or recognised by the Institute for the training of company directors.

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FELLOW

By invitation only.

The Governing Council may invite any individual to be a Fellow of the Institute who:
- in the opinion of the Governing Council, has had such substantial experience which renders him/her a source of inspiration, guidance and leadership to the general membership and who at the time of the invitation: –

  • is a director for at least ten (10) years’ standing in any corporation which is listed on any stock exchange or any corporation or nonprofit organisation in any part of the world or a size which the Governing Council deems appropriate; or
  • is an academic personnel of associate professor level or equivalent or a partner or sole proprietor of a professional practice (e.g. accountants, advocates & solicitors) with at least ten (10) years' involvement in matters relating to corporations and corporate governance generally.

- in the opinion of the Governing Council, by virtue of his/her expertise, experience, standing or stature in the community, ought to be admitted as a Fellow notwithstanding that the applicant has not satisfied the prescribed conditions stated above.

HONORARY FELLOW

By invitation only.

The Governing Council may invite any individual who, in its opinion, has so distinguished himself/herself through his/her contributions, whether directly or indirectly, in the shaping and building up of high standards of corporate governance and best practice in Singapore and whose achievements would serve as a source of inspiration and guidance to the general membership to be an Honorary Fellow of the Institute.

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GLOBAL ASSOCIATE SCHEME

 

The Global Associate Scheme is a benefit offered by SID under Global Network of Directors Institutes (GNDI)’s Global Passport Programme. It is also applicable for members from affiliated ASEAN director institutes (listed below). Overseas applicants can join SID as an Ordinary or Associate Member under SID's Global Associate Scheme if they are a member in good standing in their home jurisdiction’s director institute.

The same suite of SID Individual Membership benefits apply for members joining under Global Associate Scheme. These include access to member-only publications, online governance resources, special pricing for events, board appointment opportunities, and much more.

GNDI's Global Passport Programme allows SID members to access benefits from other affiliated director institutes at discounted rates. This programme provides global directors an opportunity to share experiences, learn from international colleagues and stay up-to-date on business and governance trends impacting boardrooms across the world. To learn more GNDI’s Global Passport programme, please click HERE.

 

SID Individual Membership Fees (Global Associate Scheme)

  • Waiver of Individual Membership Entrance Fee of SGD$200
  • Membership fee of SGD$500* for 3 years of Associate or Ordinary membership. (U.P. $750)

* Prices indicated are before prevailing Goods & Service Tax (GST) of 8% for 2023, and 9% from 2024 onwards.

Terms & Conditions:

  • All SID individual membership terms and conditions applies.
  • Applicants must be a valid member of a director’s institute which is part of Global Network of Directors Institutes (GNDI) or selected ASEAN Affiliate.
  • Applicant must be residing out of Singapore.
  • A top-up fee of SGD$250 (before prevailing GST) applies if member who signed up under Global Associate Scheme moves to Singapore within a year of sign up.


To join, please contact us at 6422 1188 or [email protected].

 

The Global Network of Director Institutes (GNDI) Affiliations

Argentina, The Institute of Corporate and Public Governance
Australia, Australian Institute of Company Directors
Brazil, Brazilian Institute of Corporate Governance
Canada, Institute of Corporate Directors
Europe, The European Confederation of Directors’ Associations
Gulf States
, GCC Board Directors Institute  
Hong Kong, Hong Kong Institute of Directors
Ireland, Institute of Directors in Ireland
Israel,
Israel’s Directors Union
Malaysia
, Malaysian Alliance of Corporate Directors
Mauritius, Mauritius Institute of Directors
New Zealand, The Institute of Directors New Zealand
Pakistan, Pakistan Institute of Corporate Governance
Philippines, The Institute of Corporate Directors
Spain, Instituto de Consejeros-Administradores
South Africa
, Institute of Directors in South Africa
Sri Lanka, The Sri Lanka Institute of Directors
Switzerland
, Swiss Institute of Directors
Thailand, Thai Institute of Directors
United Kingdom, Institute of Directors
United States, The National Association of Corporate Directors
Viet Nam, Vietnam Institute of Directors



Other ASEAN Affiliations

Malaysia, Institute of Corporate Directors Malaysia (ICDM)
Myanmar, Myanmar Institute of Directors (MIoD)

 

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