‘The challenge is execution’: IoD NI chair calls for action to unlock economic potential
John Hansen tells more than 300 business leaders that Northern Ireland must turn its talent, investment and ambition into action
The challenge facing Northern Ireland is not a lack of talent or opportunity but the need to turn ambition into action, according to the chair of the Institute of Directors (IoD) Northern Ireland.
John Hansen made the call as more than 300 business leaders gathered at the Culloden Estate & Spa for the IoD Northern Ireland Annual Dinner 2026, supported by headline sponsor Bank of Ireland and associate sponsor Arthur Cox.
Hosted by broadcaster and journalist Jim Fitzpatrick, the annual event brought together senior figures from the public, private and third sectors to celebrate leadership, achievement and Northern Ireland’s economic potential.
Addressing guests, Mr Hansen said greater emphasis was needed on delivery, reform and long-term decision-making.
He explained: “The challenge facing Northern Ireland is not capability. The challenge is execution. We have the talent, ambition, investment and opportunity. What we need now is the determination to turn potential into performance and move from ambition to action.”
He highlighted a number of achievements for IoD Northern Ireland over the past year, including the launch of its Infrastructure and Investment Action Plan, continued growth in professional development programmes and the success of its Women’s Leadership Conference, which attracted a record 575 delegates.
A key moment of the evening was the presentation of the 2026 IoD Northern Ireland Chair’s Award for Excellence in Director and Board Practice to Dr Theresa Donaldson CDir, chair of Belfast Harbour Commissioners.
The award recognised Dr Donaldson’s contribution to leadership, governance and boardroom excellence.
Presenting the award, Mr Hansen said: “Dr Theresa Donaldson exemplifies the highest standards of leadership and governance. Through her commitment to board excellence and strategic leadership, she has made a significant contribution to Northern Ireland’s business community and is a highly deserving recipient of this year’s Chair’s Award.”
Guests also heard from keynote speaker Dr Norah Patten, who is expected to become Ireland’s first astronaut when she undertakes her scheduled space mission in 2027.
Drawing on her journey towards spaceflight, Dr Patten shared lessons on leadership, resilience and the importance of pursuing ambitious goals.
Colm Moane, associate director, Bank of Ireland Corporate and Treasury, said the bank was proud to support the event and the IoD’s role in developing leadership, promoting good governance and supporting economic growth across Northern Ireland.
He added: “Bank of Ireland is proud to support the IoD Northern Ireland Annual Dinner and the vital role the organisation plays in developing leadership, promoting good governance and supporting economic growth across Northern Ireland.
"As businesses continue to navigate change and seize new opportunities, strong leadership will be critical to driving investment, innovation and long-term prosperity. We look forward to working alongside the business community to help realise Northern Ireland’s significant economic potential.”
The evening also featured a charity prize draw in aid of The King’s Trust, marking the organisation’s 50th anniversary in Northern Ireland. Funds raised will support young people to develop the skills and confidence needed to succeed in work, education and enterprise.