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The first Governing Board of the Institute of Management embraces eight eminent Trustees and a Director who are educationists, philanthropists and industrialists. The role of Governing Board is to ensure institutional / corporate governance, values of the Trust, ethics in management and availability of funding for further, future development. Shri Dipchandbhai S Gardi, Bar - At- Law – Social Services, Philanthropist, Well-known donor and leader of Jain community.
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| | Shri Kirtilal K Doshi, B.A.(Hons) – Chairman, Shrenuj & Co.Ltd, Mumbai |  | | Shri Shivjibhai K.Vikamshi, C.A. - Practicing C.A of leading firm known as M/s. Khimji Kuwarji & Co. |  | | Shri Pranlal K.Doshi, B.A – Theatre Owner, Exhibitor and Distributors. |  | | Shri Shrikantbhai Sakarchand Vasa, L.L.B - Advocate, B.S.Vasa & Associates, Member of NSE Stock Exchange |  | | Smt Anitaben S. Mehta - Trustee, Torrent Gruop |
| | Shri Subodhratna Chimanlal.Gardi, MBA, B.Sc – Realtor, Investor & Educationist |
| | Shri Arunbhai B. Shah, C.A – Chairman, M/s Asian Electronics Ltd, M/s Prime Securities Ltd. and Vice Chairman, Indage Group |
| | Dr Rajesh Khajuria, Ph D (Management), MBA(Fin), CMC, FIMC – Director & Member Secretary, CKSV Institute of Management, Vadodara |
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