Every how many years does the board elect a chairman from its membership?

The chairman of the board is elected from its members every two years. This structure helps ensure a regular rotation of leadership, allowing for fresh perspectives and ideas to influence the board’s direction and initiatives. A biennial election cycle supports stability while also encouraging active participation and engagement among board members, as they have the opportunity to step into leadership roles more frequently than if the term were longer. This system aligns with standard practices in organizational governance, where leadership renewal is often implemented to maintain dynamism within the board.