IESTA was founded in 2009 by graduate engineers in Physics, Mechanical Engineering and Chemical Engineering.
IESTA is governed by the General Assembly and the Extended Management Board.
The latter comprises the Operational Management Board, the Chairman and the Vice-Chairman of the Industrial Advisory Board and the Chairman and Vice-Chairman of the Scientific Advisory Board.
The Extended Management Board elects Operational Management on a biennial term.
The members of the Operational Management Board are the legal representatives of IESTA