KIA has an independent and autonomous board of directors, to which the management of KIA reports.

The board of directors consists of four government officials and five private sector representatives appointed by the cabinet.

The four government officials are the Minister of Finance (Chairman of the Board of Directors), the Minister of Energy, the Governor of the Central Bank, and the Deputy Minister of Finance.

The Board of Directors appoints a managing director (CEO) from among representatives of the private sector.

Five directors on the board of directors (at least three of whom are private sector representatives) form the executive committee.

The Executive Committee is chaired by the Managing Director.

The main task of the Executive Committee is to assist the Board of Directors in formulating KIA's strategic goals.

The Board of Directors has an Audit Committee composed of two private sector board members.

The Committee is chaired by the Minister of Finance.

The board of directors will also hire an external audit agency to evaluate the GRF and FGF.

In addition, KIA will hire another independent external auditor to evaluate other funds managed by KIA.

Both audit institutions are international accounting firms.

In addition to the external audit agency, KIA also has an internal audit office, which reports directly to the Chairman of the Board of Directors.

The National Audit Office also conducts regular reviews of KIA and prepares annual reports to be submitted to Congress.

KIA submits an annual report to the Cabinet and Congress, providing detailed reporting on all funds it manages.