Article IV: Advisory Council

1. There shall be an Advisory Council of the Institute to advise on the strategic directions in its operations which shall be composed of seven (7) members to be appointed by the President of the Bank, one (1) of whom shall be from among the senior staff of the Bank and the remaining six (6) members shall be distinguished practitioners or scholars in the field of development or management selected from among the Bank's member countries on a broad geographical basis. The Chairperson of the Advisory Council shall be selected by the members of the Advisory Council from among themselves.
2. The Advisory Council shall:
1. provide advice and recommendations on the strategic directions of the Institute; and
2. review and comment on the Strategy and Work Program of the Institute.
3. The Advisory Council shall meet twice a year, once at the premises of the Institute and once at the Bank Headquarters, subject to such other meeting arrangements as may be agreed by the Chairman of the Advisory Council and the President of the Bank.
4. 1. The term of office of the members of the Advisory Council shall be two years and they may be reappointed at the end of such term; and
   2. The term of a member appointed to fill a vacancy shall be for the duration of the unexpired term of office of the retiring member of the Advisory Council.