The Thai Institute of Directors Association (IOD) is a not-for-profit membership organization, established with support from Thailand capital market core institutions, namely the Securities and Exchange Commission, the Stock Exchange of Thailand, the Bank of Thailand, and the Foundation for Capital Market Development Fund, and from international organization, such as the World Bank. IOD is known domestically and internationally for its leading role in corporate governance, and has been cited as being one of the most successful professional bodies in national ans international forums.