The board of directors of the IPP consists of three professors of the IPP. It decides on all matters of the IPP as well as on the use of the available funds.
The Board of Directors is elected by the Institute Council for a period of two years. The members of the Board of Directors elect an Executive Director from among their number. The managing director conducts the business of the IPP within the framework of the decisions of the Institute Council. See also the statutes of the IPP.