The Board of Governors of IICA are vested with the general superintendence and control of the affairs and funds of the Institute. The Board is headed by the Hon’ble Secretary, MCA who also acts as Chairman for the meeting. The Board comprises of DG & CEO of IICA, senior MCA officials, senior officials from SEBI, Niti Aayog, CCI, IBBI, Institutional members of reputed institutions, corporate leaders, eminent persons etc. 50^th Board of Governors meeting was held on 24th September, 2025.