Board of Governors

The Board of Governors is the supreme decision-making body and is responsible for, among other things, matters concerning NIB’s Agreement, Statutes and authorised capital. The Board of Governors also approves the annual report of the Board of Directors and the audited financial statements of the Bank.

Each member country appoints a member of its respective government to the Board of Governors. The chairmanship rotates among the member countries. The Board of Governors holds annual meetings and such other meetings as deemed appropriate.