The Agency’s Steering Board facilitates active dialogue between FIPA and the Council of Ministers, the Governments of the Entities, and representatives of the local and international business community in Bosnia and Herzegovina.

The responsibilities of the Steering Board are set out in the Law on the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA Law) adopted in December 2004. These responsibilities include setting the strategic goals of the Agency, together with approving the Agency’s annual business strategy, business plan and action plan, and presenting these to the Council of Ministers. The Steering Board also monitors the performance of the Agency in achieving its goals and in the implementation of its operational plan.

The composition of the Steering Board is defined in the aforementioned Law and is currently constituted by the following 9 members:

Council of Ministers of BiH - two representatives

• Robert Vidović, Council of Ministers BiH
• Dušica Blagojević, Council of Ministers BiH

Entities' Governments - two representatives

• Admir Mujanović, Government of FBiH
• Slobodanka Dubravac, Government of RS

Foreign Trade Chamber of BiH – one representative

• Zdravko Marinković, Foreign Trade Chamber of BiH

Private Sector (foreign investors) -  two representatives

• Branimir Muidža, Foreign Investor Council in BiH (FIC)
  
• Sanja Miovčić, Foreign Investor Council in BiH (FIC)

Private Sector (domestic investors) - two representatives

• Saša Ačić, Association of Employers RS
• Mersiha Jusić, Association of Employers FBiH