The directors are appointed from among persons with professional or academic experience in business or financial matters and who are not officials or employees of the bank. All directors of the board are non-executive directors. The Secretary to the Treasury is an ex-officio member of the board and without power to vote.
Directors are selected based on their professional or academic experience in finance or business, excluding those currently employed at the bank. All board members are non-executive directors. The Secretary to the Treasury holds an ex-officio seat but lacks voting rights.