The Supervisory Board, chaired by the Governor of the Banque de France or his representative, is made up of the Director General of the Treasury or his representative, a representative of the Minister for the Economy, two representatives of the Minister for Overseas France, a representative of the Banque de France and three persons representing New Caledonia, French Polynesia and the Wallis and Futuna Islands. The two persons representing New Caledonia and French Polynesia are appointed in accordance with the provisions of the statutes governing them, while the third is appointed by joint order of the Minister of Finance and the Minister for Overseas France.
A staff representative, elected by secret ballot in accordance with the conditions laid down by a regulation of the Director General, is also a member of the Supervisory Board.
Members other than the Chairman and the Director General of the Treasury are appointed for a term of four years. For members other than the Chairman and the Director General of the Treasury, a deputy may be appointed in the same way as the titular member.