The President is an official of the University responsible for overseeing the effective management of the University, its financial and economic activities, and promoting its development. The President operates based on the University Statute.

The President of the University is elected, appointed, and dismissed by the General Assembly of Participants based on its decision. The President organizes the execution of the decisions of the General Assembly and reports directly to the participants.

The President acts on behalf of the University without a power of attorney, within the limits of his/her authority, considering the provisions of the Statute.

Within the scope of his/her authority, the President:

• Initiates the convening of regular and extraordinary General Assemblies of Participants and submits proposals for consideration;
• Organizes the execution of the decisions of the General Assembly;
• Provides financial and economic activity reports to the General Assembly upon request;
• Issues instructions within the scope of his/her authority concerning University activities, which are mandatory for all University departments and employees;
• Manages the financial and economic affairs of the University;
• Acts as the custodian of the University’s property and funds, signing banking and other financial documents;
• Ensures that all departments adhere to budgetary and financial discipline;
• Exercises other powers provided by the Statute and Ukrainian legislation.

The President may delegate some of his/her powers to the Vice-President, Rector, and department heads by order. If the President is unable to perform his/her duties, including during temporary absence (incapacity, vacation, etc.), these responsibilities are carried out by the Vice-President or another person assigned by order. The person temporarily assigned to perform the President's duties has all the powers of the President as provided by law, the Statute, and other internal University documents, including acting on behalf of the University without a power of attorney.

The President may limit the powers of the Rector at any time by order.