The corporation has a Board of Directors headed by a whole time chairman. There are 12 Directors in the Board. In the corporate office the Chairman cum Managing Director (CMD) is assisted by three Directors - Director (Commercial) and Director (Operation) from the IFS cadre and Director (Finance) from OFS (S). There is presently one General Manager- General Manager (Hqrs.). One qualified company Secretary is also available.
In the field, there are four General Managers one for each Bhubaneswar, Bolangir, Sambalpur and Berhampur zones. GMs in the field are assisted by Divisional Managers in charge of thirteen Commercial cum KL divisions and seven Commercial divisions.
The total staff strength at present of the organisation is 4371 while the approved cadre strength is 3011 and hence there are total 1360 no of surplus staffs in the corporation. Besides, there are 148 casual workers on piece meal basis.. Voluntary Retirement Scheme (VRS) approved by the Public Enterprise Department with DFID assistance has been introduced during 2001-02 and so far 423 employee have retired under the scheme. The 2nd round of VRS applications ( 38) are under process.
Odisha Forest Development Corporation Limited (OFDC) came into being with effect from 14.11.1990 by merger of all forest corporations of the state. Odisha Forest Corporation (1962), its subsidiary Odisha Composite Board (1983), Similipahar Forest Development Corporation Limited (1979) and Odisha Plantation Development Corporation Limited (1985) on merger were renamed OFDC Ltd.
Odisha Forest Development Corporation Ltd (OFDC) came into being with effect from 14.11.90 by merge of all three forest corporations of the state, namely Odisha Forest Corporation (1962), Odisha Composite Board (1983), Simlipal Forest Development Corporation (1979) and Odisha Plantation Dev. Corporation (1983). On Merger it was named as OFDC Ltd.
Odisha Forest Corporation has been created in 1962 with the objective of exploiting the state's vast forest resources scientifically without sacrificing the apparent forest values, ensuring a fair wage to forest labour force and to provide sufficient non-tax revenue to the State exchequer, as well as to promote feasible forest based industries in the state. The OFDC is fully owned by Government of Odisha. Its authorized capital and paid up capital are Rs. 500 lakhs and Rs. 128 lakhs respectively.