The ceremony, which took place in Edgbaston yesterday, recognised Parmenter following the most successful year in DRP Group’s history.
The IoD Awards assesses candidates on growth, turnover, employee retention and strategy and the director’s dedication to its team.
DRP Group has added 27 new members to its team and achieved 57% growth and 13 new clients.
Of his award, Parmenter said: "I don’t see this as my award alone, although it’s a great honour to be recognised in such illustrious company and by such a renowned association as the IoD.
"I see this as an award rewarding the hard work and dedication displayed by each DRP team member throughout the past few years which has driven us to where we are today and delivered the exceptional results that made 2013 our record year."
Parmenter will now be entered into the IoD’s National Award scheme, which celebrates the UK’s best directors, in October.