The Chairman and Board of Trustees determine the Council's policy direction in MTC's various functions, including investment. Members consists of a representative each from the five founding members of MTC, namely the Malaysian Wood Industries Association (MWIA), the Timber Exporters' Association of Malaysia (TEAM), the Malaysian Panel-Products Manufacturers' Association (MPMA), the Malaysian Wood Moulding & Joinery Council (MWMJC) and the Malaysian Furniture Industry Council (MFIC). There is also a representative each from the Ministry of Plantation Industries & Commodities (MPIC), the Malaysian Timber Industry Board (MTIB), Forestry Department Peninsular Malaysia and the Association of Malaysian Bumiputra Timber and Furniture Entrepreneurs (PEKA)