The Teachers Health Fund Board comprises up to thirteen Directors, each of whom is required by the Constitution to be a non-executive Director. Teachers Federation Health seeks to maintain an appropriate mix of skills, expertise, experience and diversity on the Board to ensure an understanding of and competence to deal with current and emerging issues relating to the Fund's business and enhance the performance of the Company.

The role and responsibilities of the Board of Directors (the Board) are set out and the Board operates in accordance with the broad principles set out in its Board Charter.  The Board Charter also details the membership and operation of the Board. The Board provides overall strategic guidance for Teachers Federation Health Ltd and effective oversight of management. The Board ensures that the Company complies with its Constitution and all legal and regulatory requirements. The Board has developed Corporate Governance Guidelines that detail the principles and practices of the Board in respect of the Corporate Governance of Teachers Federation Health Ltd.