The UNIK shall have a Chancellor who has a ceremonial role of presiding over the academic year opening ceremonies of such an institution of higher learning, graduation ceremonies and awarding other merit titles. He/she may also attend other events or meetings when appropriate.
The Chancellor shall be designated by the owner and approved by the Board of Governors. The Chancellor shall be replaced by the Chairperson of the Board of Governors when he/she is absent during graduation and other merit titles awarding ceremonies.
His/her mandate is for four (4) years renewable once.
The office of the Chancellor and benefits shall be determined by the General Assembly.