IoD Nigeria is an affiliate of the IoD U.K which was founded in London in 1903 London in 1903 and granted a Royal charter by King Edward VII in 1906. Some Nigeria members of the IoD UK formed IoD Nigeria in Lagos on 17th May, 1983. IoD exists in many countries, mainly commonwealth countries, and offers members a network of over 85,000 members. Its members are drawn from directors and business leaders in the public and private sectors and from a diversity of enterprises in Commerce, Industry, Services, and Professional Bureaucracy etc. IoD represents directors in their individual capacity and empowers them to contribute significantly to the welfare of the companies they run and to national development. IoD works to establish and maintain contact amongst business leaders at the highest levels and interfaces with government for the creation and entrenchment of favourably business friendly policies in seemingly challenging circumstances for the creation of wealth. IoD can safely be described as a prime leadership forum in the organized private sector that helps directors to fulfill their legal and professional responsibilities for the benefit of business and society as a whole.