Official bodies

The Supervisory Board is one of the three official bodies that a German GmbH (an enterprise that shares many of the features of a private limited liability company) with a workforce of 500 or more is required to have under German law. The other two are the Shareholder Meeting and the Management Board. The Supervisory Board monitors the actions of the Management Board to ensure that they are consistent with the company’s purpose, comply with the relevant laws and regulations, and are in accordance with sound business principles. 

Since 2011 GIZ has also had a Board of Trustees and a Private Sector Advisory Board.