As a federal statutory body, IIUM operates under the supervision of a Board of Governors, a body that directs and supervises all affairs of the University. The Board is chaired by a President who is appointed by the Constitutional Head on the advice of the Federal Government for a five-year term. By tradition, Secretary-General of the Ministry of Education is Deputy Chairman of the Board. Other than the President and a Deputy Chairman, the Board comprises 15 members, including Secretary-General of OIC and diplomatic heads of member states, i.e. Bangladesh, Egypt, Libya, the Maldives, Pakistan, Saudi Arabia and Turkey. Dr. Mohd. Daud Bakar, a renowned Islamic finance expert in Malaysia, sits as the eighth and current President since 1 July 2019.