The RPSI is governed by the Board, elected by the membership each year at the Annual General Meeting.
The Board
| Patron The Rt Hon the Lord O'Neill KCVO TD |
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| President Dr Joan Smyth CBE |
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| Vice-President Robert C. Guinness |
Vice-President Nora Owen |
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| Chairman John McKegney |
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| Secretary Paul McCann |
Treasurer Seán Clancy |
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| Directors | ||
| Mervyn Darragh (Belfast Area Operations) |
Peter Scott MBE (Locomotive Officer) |
Joe McKeown (Dublin Area Operations) |
| Phillip Newell (Carriage & Wagon Whitehead) |
Dermot Mackie (Site Officer) |
Peter Rigney (Carriage & Wagon Dublin) |
| Fergus McDonnell (Business Development) |
Eileen Armstrong | Mark Kennedy (Museum Curator) |
Management Team
| General Manager (Acting) Siobhan Dillon |
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| Administration Rebecca Laverty |