NACD Honors IIA President & CEO Richard Chambers
Chambers recognized for 7th time as among corporate governance leaders
LAKE MARY, Fla. (August 10, 2020) —The Institute of Internal Auditors (IIA), the internal audit profession’s most widely recognized advocate, educator, and provider of standards, guidance, and certifications, announced today that President & CEO Richard F. Chambers will be honored for the seventh time by the National Association of Corporate Directors (NACD) as one of the most influential leaders in corporate governance.
Now in its 14th year, the NACD Directorship 100 recognizes leading directors and governance professionals. A recognition ceremony is planned during NACD’s Virtual Summit 2020 in October and the full list of honorees will be in highlighted in NACD Directorship magazine’s annual list of the Most Influential People in Boardrooms and Corporate Governance in its November-December issue. Chambers was first honored by the NACD in 2013.
“In this age of ever-evolving risks and how organizations are able to anticipate and respond to those challenges, Richard has been an outspoken leader and advocate of the importance of effective corporate governance and the pivotal role internal audit plays in organizational success,” said IIA Global Chair Jenitha John. “Indeed, under Richard’s leadership, The IIA recently released an important update to the widely accepted Three Lines Model, reflecting in its new core principles the role of governance in enabling accountability, action, and assurance within organizations. And only last year, one of Richard’s key initiatives since coming to The IIA was realized in the debut of the first American Corporate Governance Index, which gauges the health of governance practices among U.S. corporations. This honor by the NACD is fitting to an individual who has and continues to champion the fundamentals and aspirations of sound governance.”
In a statement recognizing the achievements of the 100 honorees, NACD CEO Peter R. Gleason said, “Courage, excellence, and exemplary leadership . . . are as important today as they have ever been—and even more so as companies face an unwavering succession of challenges brought on by the COVID-19 pandemic. This year’s honorees have positively earned the recognition that these awards offer. Not only have they served their boards and the governance community well, but they have also provided inspirational examples of what effective, purposeful, and accountable governance during difficult, exceptional times truly means.”
View the 2020 Directorship 100 Governance Professionals.
About The Institute of Internal Auditors
The Institute of Internal Auditors (IIA) is the internal audit profession’s most widely recognized advocate, educator, and provider of standards, guidance, and certifications. Established in 1941, The IIA today serves more than 200,000 members in nearly 200 countries and territories. The IIA’s global headquarters are in Lake Mary, Fla. For more information, visit www.theiia.org or www.globaliia.org.