The Danish Minister for Development Cooperation appoints the Chairman, the Deputy Chairman and the other members of the Supervisory Board for a three-year period. Each appointment is personal.
The current Supervisory Board was appointed for a three-year period beginning 1 August 2006, except for Christina Rasmussen, who was appointed in 2008.
The Supervisory Board usually convenes on a monthly basis. On the recommendation of the Executive Board, it makes decisions about investments and key issues.
The rules of disqualification follow the provisions of the Public Administration Act (Act No. 571 of 19 December 1985, sections 3–6). The principle is that a member of the Supervisory Board or an employee cannot participate in the discussion of a case involving a company in which the person in question has a special interest.
Members of the Supervisory Board may not buy or sell shares or other securities issued by companies of which they have obtained special knowledge through board work. To prevent insider trading, the Supervisory Board authorises an updated list at each meeting of the listed companies of which the Supervisory Board believes it has inside information; however, the prohibition of utilising knowledge from board work applies in general.
All information received by the members of the Supervisory Board, orally or in writing, is being treated with full confidentiality.