The Organization

The OPEC Fund’s governance ensures proper implementation of rules and procedures, accounting data and business processes. These business processes are the basis for the OPEC Fund’s efficient operation, fostering a strong risk management culture and providing management and the Governing Board with objective analyses of the Fund’s activities. The institution’s founding charter is the Agreement Establishing the OPEC Fund. It outlines the authorities and responsibilities of the Ministerial Council, the Governing Board and the President.