Section 14: Appointment, tenure, responsibilities of the Executive Directors.

(1) The President shall appoint two Executive Directors for the Fund to assist the Managing Director in performing his functions under this Act.
(2) An Executive Director-
(a) shall hold office for five years on such terms, conditions and remuneration as may be approved by the President on the recommendation of the Board;
(b) may be reappointed for a further term of five years and no more; and
(c) shall perform such functions as may be assigned by the Board and the Managing Director.
(3) The Executive Directors appointed under subsection (1) shall be designated-
(i) Executive Director, Finance and Administration; and
(ii) Executive Director, Operations.