A year after our creation, an Interim Governing Board (IGB) was formed under DA Special Order No. 546 Series of 1999. The IGB is composed of the following:
- Undersecretary for Fisheries – Chairman
- BFAR Director – Vice Chairman
- NFRDI Executive Director – Member
- PCAARRD Director General – Member
- Representative from the academe – Member
- Four (4) representatives from the private sector who shall come from the following sub- sectors – Municipal Fisherfolk, Commercial Fishing Operator, Aquaculture Operator and Post-Harvest/Processor