It is now 15 years since the Board of Governors, at that time composed of 23 members, first met in Vienna on 4 October 1957 under the Chairmanship of Mr. Pavel Winkler from CSR. Since 1962, it had 25 representatives, two additional members having been elected in view of the increase in African membership of the Agency. Its composition is now due to increase to 34 as a result of an amendment to Art. VI which received the necessary approvals on 1 June this year. he total membership of the Agency, which was 57 in 1957, has risen to 103. The first Budget was of the order of $ 4 million; the Budget for 1973 is $ 18.1 million. Technical assistance provided in 1958 amounted to about $ 30,000 and in 1972 it amounted to $ 5.5 million. These figures give an indication of the way the Agency has grown and this short review will highlight some of the notable achievements of the Board, since its inception.