A new organisation, the Association of International Credit Directors (AICD), has been launched with the aim of setting a gold standard for those working in credit and collections disciplines.
The AICD intends to liaise with the global media, providing a voice for the industry as a whole on news stories and other reports about credit and collections activities.
It also plans to provide advice and support on issues like organisational structure and organisational change, reflecting the growing importance of credit directors in planning for the future of the companies for which they work.
Bill Dunlop, a fellow of the Institute of Credit Management and chair of the AICD, says: “Increasingly, international credit directors are involved at a strategic level in their organisations, combining detailed customer knowledge with solid financial and commercial backgrounds.”
He adds that “the time was right” for the AICD to be formed, with the intention to share information, experience and best practice among international credit professionals.
The AICD website is still under construction, but the organisation’s next meeting is already planned for May 14th, in Dublin.