The Governing Board is responsible for the management of the EPC. Its main function, in practice, is to provide strategic direction to the EPC and to monitor and evaluate its operations and the implementation of the strategic plan. However, powers relating to the day-to-day management of the EPC are delegated to the Chief Executive, who acts as the EPC's Legal Representative.

The Governing Board meets three to four times a year.  Members are appointed by the General Assembly. The current Chair of the Board is Declan Kelleher.

Board members also sit on the General Assembly, which meets once a year to formally approve the annual accounts and adopt the budget for the year ahead, in line with Belgian law.