The Regulatory Board of the Chamber is a regulatory body of the Chamber that controls the legislation of the Chamber work, the implementation of the Statute and other acts of the Chamber. It controls the Budget of the Chamber and its Professional departments. It counts seven members. They are elected from the list of the members of the Chamber and recognized by the Managing Board. The term of the office of the members of Regulatory Board is up to four years and it may be renewable just once. The Regulatory Board of the Chamber controls the legislation of the Chamber work, the implementation of the Statute and other general acts of the Chamber. It controls the Budget of the Chamber and all Professional Departments. It counts seven members who are elected from the list of the members of the Chamber and on suggestion of the Managing Board. The term of the office of the members of Regulatory Board is up to four years and it may be renewable just once. The President of the Chamber of Commerce and Industry of Serbia is nominated by the Chamber Assembly from the list of successful businessmen and at the proposal of the Managing Board. The term of the office of the President is up to four years. It may be prolonged just once for another period of up to four years. The President is in charge of his activities to the Chamber Assembly. The President represents the Chamber and is responsible for the legislation of its work, organizes and coordinates the cooperation with the National Assembly and the Government of the Republic of Serbia and other authorities and organizations, cooperates with chambers of commerce in Serbia and abroad and with other international and national economic organizations and associations. The President of the Chamber of Commerce and Industry of Serbia is Željko Sertić .