Under the , the Board of Governors is responsible for the University's overall governance and management. In practical terms, the Board makes the financial decisions and implements the policies and procedures that the University needs to operate efficiently.
In addition, the Board appoints and replaces the President, the Vice-Presidents, the directors and the senior managers of the University; it also sets the duties, salaries, and benefits of principal officers and of both the academic and administrative staffs. Finally, the Board can strike committees to help it exercise its powers.
of the Board of Governors presides at all Board meetings and is a member ex officio of all committees of the Board. The chair is entitled to vote at all Board meetings and, in the event of a tie vote, has a second or casting vote.