The supreme governing body of MEFMI is the Board of Governors, which sets the policy of the Institute. The policies of the institution are guided by the MEFMI constitution. The Executive Committee, appointed by the Board of Governors, oversees the day-to-day operations of the Institute and reports to the Board.
Board of Governors
Each member state appoints a member and an alternate member to the Board of Governors, which is the supreme body of the Institute. The Board meets at least once a year. Its powers include:
- Determine the policy of the Institute
- Approve the annual budget, annual report and audited financial statements
- Admit new members
- Appoint the Chairperson and Vice Chairperson of the Board of Governors and members of the Executive Committee
- Appoint the Executive Director of the Institute, on the recommendation of the Executive Committee
Executive Committee
The Executive Committee consists of the Vice Chairman of the Board of Governors (who chairs the Committee), four other voting members and the Executive Director as ex-officio non-voting member. It meets at least twice a year. Its responsibilities include:
- Overseeing the day-to-day operations of the Institute
- Approving work plans and programmes
- Preparing budgets and accounts
- Preparing policies, procedures, rules and regulations
- Preparing reports
Secretariat
The MEFMI Secretariat is based at the headquarters seat in Harare, Zimbabwe. It is headed by the Executive Director and assisted by four programme and departmental directors. The current Executive Director is Dr. Louis A. Kasekende.