SEC. 4. 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 Commission on Higher Education (CHED), Chairperson;
(b) The President of the President Ramon Magsaysay State University, Co-chairperson;
(c) The Chairperson of the Committee on Education, Arts and Culture of the Senate, member;
(d) The Chairperson of the Committee on Higher and Technical Education of the House of Representatives, member;
(e) The Regional Director of the National Economic and Development Authority (NEDA), member;
(f) The Regional Director of the Department of Science and Technology (DOST), member;
(g) The Regional Director of the Department of Agriculture (DA), member:
(h) The President of the federation of alumni associations of the University, member;
(i) The President of the federation of student governments of the University, member;
(j) The President of the federation of faculty associations of the University, member;
(k) Three (3) 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, members.
The three (3) prominent CEOs and the two (2) prominent academicians shall be chosen from among a list of at least five (5) qualified persons respectively, as recommended by the search committee of the University constituted by the University President, in consultation with the Chairperson of the CHED, based on normal standards and qualifications for the position.
The three (3) prominent CEOs and the two (2) prominent academicians shall serve for a term of two (2) years and may be reappointed by the Board of Regents for another term.