There shall be a following Board of Directors of the Industrial Reformation Fund for the purpose of operation and management of Fund:-
(a) Expert appointed by the Government of Nepal – Chairperson
(b) Representative, Federation of Nepal Chamber of Commerce – Member
(c) Representative, Nepal Chamber of Industry – Member
(d) Representative, Nepal Bankers Association – Member
(e) Representative, Small and Cottage Industries Association – Member
(f) Representative, Nepal Rastra Bank – Member
(g) Representative, Ministry of Finance – Member
(h) Representative, Ministry of Industries, Commerce and Supplies – Member
(i) Chief Administrative Officer – Member Secretary