The IRT Council is composed of EU and Russian industrial and business leaders at the level of Chairman/President or Chief Executive Officer (CEO). Membership of the IRT Council is personal and by invitation.

The IRT is co-chaired by Anatoly Chubais, Director General, Russian Corporation of Nanotechnologies (RUSNANO) and Peter Löscher, President and CEO Siemens

Russian side

• Anatoly Chubais, IRT co-chairman (Director General, Russian Corporation of Nanotechnologies - Rusnano)
• Vladimir Evtushenkov (Chairman, AFK “Sistema”)
• Lev Khasis (CEO, X5 Retail Group N.V.)
• Andrey Kostin (President & CEO, VTB Bank)         
• Alexey Mordashov (General Director, Severstal)     
• Alexander Shokhin (President, Russian Union of Industrialists and Entrepreneurs - RSPP)
• Viktor Vekselberg (Executive Director, TNK BP Management, Gas Development)
• Vladimir Yakunin (President, Joint stock company "Russian Railways" – RZD)
• Andrey Melnichenko (Chairman, Eurochem)
• Natalia Kaspersky (Chairperson Karpersky Lab and Info Watch CEO)
• Andrey Ivashchenko (Chairman of the Board, ChemRar High Tech Center)

EU side

• Peter Löscher, IRT co-chairman (President and CEO Siemens)
• Nils S. Andersen, Group CEO of AP Moller Maersk
• Jørgen Buhl Rasmussen (President and CEO, Carlsberg)
• Dr. Rüdiger Grube (Chairman of the Management Board and CEO, Deutsche Bahn AG)
• Robert Dudley (Group CEO, BP p.l.c.)
• Jouko Karvinen (CEO, Stora Enso)
• David Brennan (CEO, AstraZeneca)
• Olli-Pekka Kallasvuo (Chairman of the Board, Nokia Siemens Networks)
• Gertjan Lankhorst (CEO, GasTerra)
• Aloïs Michielsen (Chairman, Solvay)

Observers

• Nikolay Koshmann (President, Association of Russian Builders)
• Thomas Mirow (President, European Bank for Reconstruction and Development - EBRD)
• Frank Schauff (CEO, Association of European Businesses in the Russian Federation - AEB)
• Jürgen R. Thumann (President, BUSINESSEUROPE)
• Garegin Tosunyan (President, Association of Russian Banks)