About us

The Czech Institute of Directors is an independent non-profit organization founded in 1998. It deals with corporate governance for corporations. It strives to promote worldwide proven standards – Best Practice – of corporate governance in the Czech Republic.

The CG Institute is a 100% owned subsidiary of the Czech Institute of Directors. It provides exclusive consulting and educational services in the field of corporate governance for members of the Institute as well as external clients.

Monika Zahálková

Executive Director, 
Czech Institute of Directors


Monika Zahálková graduated from the University of Economics in Prague. She has been the Executive Director of the Czech Institute of Directors for more than 15 years, and is the author of several educational programs for corporate executives. Her ambition is to improve the business environment based on clear and transparent rules. Monika is convinced that each company will have proven better results, if they follow the guidelines and best practices of corporate governance.

Prior to joining the Institute, Monika worked in a senior management position in a multinational company, where she was in responsible for the Czech and Slovak markets. She also has experience working in a family business. She recognizes and embraces the importance of diversity, especially considering that she works mostly with men.

Monika blogs regularly. Her blog focuses on seeking and providing answers to corporate governance issues.

Kamil Čermák

President of the 
Czech Institute of Directors


Kamil Čermák holds a Batchelors’ degree in Finance from the University of Economics in Prague, and a Masters’ degree from Erasmus University in Rotterdam. He began his career in media. In the mid-1990s he was the media spokesperson for the Minister of Industry and Trade, Vladimir Dlouhý. He then served as the director of public affairs and later as the commercial director of Český Telecom. Since 2005, he has been the CEO of several ČEZ Group companies. From 2012 to 2016, he served as Chairman of the Board of Directors of the BM Management Group and as General Manager of Economia Publishing House, Forum Karlín, Luxury Brand Management, and Asental NV.

Currently, Kamil Čermák is Chairman of the Board of Directors and CEO of CEZ ESCO.

Petr Fiman

1st Vice President of the 
Czech Institute of Directors

Petr Fiman graduated from the Czech University of Agriculture. He is a graduate of IMD, Harvard Business School and INSEAD. He started his international career at Norsk Hydro ASA, where he worked as a management member and director of a number of companies belonging to the Group, until 2000. Since 2002, he has been Vice President of Electric Powersteering Components Europe, which is a joint venture between Mitsubishi Electric Corporation and JTEKT Corporation. Petr is also dedicated to mentoring and is a mentor in the prestigious Odyssey program.

Jakub Chytil

2nd Vice President of the 
Czech Institute of Directors

Jakub Chytil graduated from the Law Faculty of Charles University. At the beginning of the 1990s, he was a member of the Legal Department of the Office of President Václav Havel. He served as Corporate Counsel for Tobacco (today Philip Morris CR) and Kraft Jacobs Suchard (now Kraft Foods) in the Czech Republic and Slovakia. He then traveled to Lausanne (Switzerland), where he worked as a lawyer at Philip Morris International.

Upon his return, he became the corporate secretary for Telefónica O2 Czech Republic in 2003. He was a board member of the company from 2005 to 2014.

Vratislav Kulhánek

Honorary President of the 
Czech Institute of Directors

Vratislav Kulhánek is a prominent Czech businessman. He participated in the management of Škoda Auto, where he was the chairman of the board of directors until 2004, then the chairman of the Supervisory Board. Currently, he is the owner of the consulting company Industrial Advisors and a member of the Supervisory Board of Kooperativa Insurance Company.

Vratislav graduated from the University of Economics in Prague and holds the academic title Dr. Honoris Causa of the Technical University of Ostrava and Košice.