4.2. The chair of the board and the president and chief executive officer are appointed by the Government; their offices may not be held concurrently.
The president and chief executive officer is appointed on the recommendation of the board, based on the expertise and experience profile established by the board.
If the board does not recommend a candidate for the position of president and chief executive officer within a reasonable time, the Government may appoint the president and chief executive officer after notifying the board members.