The Board of Directors is the highest executive authority of the Forum, and is accountable to the general meeting of members. The Board of Directors is responsible for generally supervising and guiding the work of the Forum. Meetings of the Board of Directors shall be convened occasionally.

The functions and duties of the Board of Directors include:

1. examining the annual work reports and annual financial budget plans submitted by the Secretary General;

2. nominating and replacing the Secretary General of the Forum in accordance with the nomination of the Director General of the Board of Directors;

3. nominating and replacing the Deputy Secretary(ies) General of the Forum in accordance with the nomination of the of the Secretary General;

4. determining regulations for the establishment and operation of the Special Committees of the Forum;

5. determining the establishment of Special Task Force Workgroups of the Forum;

6. examining and submitting to the general meeting of members the Articles of Association of the Forum and proposals for amendments to the Articles of Association of the Forum;

7. determining the convening of the general meeting of members and the contents of the meeting agenda;

8. approving the regulatory framework and rules of the Forum; and

9. reporting its work to the general meeting of members.

The Board of Directors shall include a Director General and one or more Deputy Director(s) General. The Director General and Deputy Director(s) General shall be elected with the approval of at least two-thirds of the Directors attending the meeting of the Board of Directors. The Director General and Deputy Director(s) General of the Board of Directors shall serve for the term of one year, and may serve consecutive or additional terms if re-elected.

The Director General of the Board of Directors shall be the legal representative of the Forum.