SEC. 2. Section 5 of Republic Act No. 9718 is hereby amended to read as follows:
"SEC. 5. The 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 Commission on Higher Education (CHED), Chairperson;
"(b) The President of the University, Vice 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, 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: and
"(k) Two (2) prominent citizens from the private sector who have distinguished themselves ' r in their professions or fields of specialization of the University, members.
"The Board shall appoint the two (2) prominent citizens from among a list of at least five (5) qualified persons in the Province of Biliran, whose nominations were submitted to the Board after publication for at least two (2) consecutive weeks, as recommended by the search committee constituted by the University President, in consultation with the Chairperson of the CHED and the other members of the Board, based on the normal standards and qualifications for the position set by the Board.
"xxx."