South Australia’s largest private provider of management and leadership training, education and development just got bigger.
The Australian Institute of Management’s state and territory-based divisions have voted to merge – creating a group with 18,000 members and 10 offices.
The new entity will be known as the AIM Group.
Prior to the merger, the five divisions of AIM operated as separate legal entities each with its own board of directors.
Under the new structure, effective January 1, 2014, the group will operate under a board of 14 directors. It will also list some of Australia’s biggest private and public-sector organisations as its corporate members.
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The appointment of a group chief executive officer will be announced in coming days.
Andrew McFarlane, chair of AIM SA, said the merger was a pivotal moment in AIM’s history that would ensure the prosperity and future growth of the Institute.
“The creation of this group will unlock and create new resources to increase and expand investment into member services, as well as the development of Australia’s professional management community at large,” Mr McFarlane said.
“There will be greater capacity to invest in research, ensuring we are an effective advocate on current and future challenges facing the management profession, while providing members with insights on trends that will boost the performance of their organisations.”
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“The future of our organisation will be reliant upon its ability to effectively engage with the broader community.
“A merged entity will have greater capacity to attract and develop alliances with stakeholders such as young and emerging managers and key professional bodies.”
AIM Group from 1 January 2014:
Personal members: 16,000
Corporate members: 2500
Members’ fund: $30 million
Total assets: $71 million
Cash reserves: $20 million
Staff: 275 full-time employees
Office locations: Adelaide, Brisbane, Canberra, Emerald, Gold Coast, Mackay, Melbourne, Moranbah, Rockhampton, Sydney
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