The technical boards are overseen by an independent global Board of Trustees, responsible for governance, overall strategic direction and funding of the IVSC.

The Board of Trustees is responsible for the governance, strategic direction and funding of the IVSC and for appointments to and oversight of the technical boards. The Board consists of a minimum of ten and a maximum of fifteen persons. The Trustees are elected by the members. A Trustee is elected for a term of three years and may be re-elected for one further three year term.

In addition to governance, strategic direction and funding, Trustees are also expected to play an ambassadorial role to achieve buy-in and recognition of International Valuation Standards.