There are four categories of membership:

• Associate Member
• Member
• Fellow
• Honorary

To qualify or to be eligible for membership, a person must meet the following general and specific criteria for respective membership categories:

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 under 21 years of age and:

• Is prohibited under the Companies Act from acting as a director; or
• Is an un discharged bankrupt whether in Zambia or elsewhere; or
• Is deemed to be insolvent within the meaning of applicable legislation in Zambia; or
• Is, in the opinion of the Board of Directors, not a fit and proper person to be admitted as a Member.

To become an Associate Member you must be:

• A partner in a professional practice, or
• A person with a professional qualification working in commerce or industry
• A sole proprietor of an unincorporated business, or
• A senior executive of a national or international company reporting directly to the board or a member of the board of such company
• An executive in a senior level in national, regional or local government
• In exceptional cases, even if you are unable to meet the above criteria, you may still be eligible as an Associate Member.

Entry to the category of full member may be made by an applicant who is:

• A director or alternate director of at least two (2) years standing in any corporation; or
• A senior executive of at least three (3) years standing in a corporation 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
• An academic personnel or a partner or sole proprietor of a professional practice (e.g. accountants, advocates and solicitors) with at least three (3) years professional practice; or
• An Associate Member who has completed the Company Directors Course.
• In exceptional cases, where applicants do not satisfy any of the above criteria but are nevertheless able to demonstrate that they have an equivalent senior level of responsibility and that they support IoD objectives, they may be considered for membership of the Institute.

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Fellow

The Board may invite the member to be a Fellow of the Institute if he or she, in the opinion of the Board, has had such substantial experience which renders him a source of inspiration, guidance and leadership to the general membership and who at the time of his or her  application:

• Is a director of at least five (5) years standing in any corporation and has also completed the Company Directors Course; or
• Is a director of at least ten (10) years standing in any corporation or non-profit organisation in any part of the world of a size which the Board deems appropriate; or
• In the opinion of the Board, by virtue of his or 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.

Honorary Member

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

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Membership Entrance Fee & Subscription

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