Section 8Sec./Art. 8

Governing Board. - The governing board of the University shall be the Board of Regents, hereinafter referred to as the Board, which shall be composed of the following:

(a) The Chairperson of the CHED, Chairperson;

(b) The President of the University, Vice Chairperson;

(c) The Chancellors of Cagayan de Oro and Claveria Campuses, members;

(d) The Chairperson of the Committee on Education, Arts and Culture of the Senate, member;

(e) The Chairperson of the Committee on Higher and Technical Education of the House of Representatives, member;

(f) The Director-General of the National Economic and Development Authority (NEDA), member;

(g) The Secretary of the Department of Science and Technology (DOST), member;

(h) The President of the federation of faculty associations of the University, member;

(i) The President of the federation of student councils of the University, member;

(j) The President of the federation of alumni associations of the University, member;

(k) Four (4) prominent Chief Executive Officers (CEOs) of duly recognized national or multinational corporations who have distinguished themselves in the fields of specialization of the University or who have entered into a partnership with the University, members; and

(l) Two (2) prominent academicians in the Philippines who have distinguished themselves in the fields of specialization of the University through their publication and track record in research.

The President of the Philippines shall appoint the four (4) prominent CEOs of national or multinational corporations and the two (2) prominent academicians from among a list prepared by the University President, in consultation with the Chairperson and other members of the Board, based on the standards and qualifications for the position.

The President of the federation of faculty associations, the President of the federation of student councils and the President of the federation of alumni associations shall serve in the Board only for the duration of their respective terms of office, as set forth in their respective constitutions and bylaws.

The four (4) prominent CEOs of national or multinational corporations shall serve for a term of four (4) years from the date of appointment while the two (2) prominent academicians shall serve for a term of two (2) years and may be reappointed by the President of the Philippines for another term.