Section 7Sec./Art. 7

The Executive Director. The Executive Director shall be a recognized expert in energy research and policy development with at least three (3) years experience in the energy sector, and shall have a strong organizational management background. The Executive Director shall be appointed by the UP President within sixty (60) calendar days after the effectivity of the implementing rules and regulations of this Act, upon the recommendation of the Executive Board. The Executive Director shall serve in full-time capacity for a term of five (5) years which may be renewed.

Upon assumption, the Executive Director shall:

(a) Public disclose any previous employment, consultancy, or any connection with, and any pecuniary interest in any energy industry participant;

(b) Divest of any and all interest in any energy industry participant; and

(c) Terminate employment or consultancy with any energy industry participant.

The Executive Director shall strictly avoid any conflict of interest in the conduct and performance of duties for the duration of the term.