a unanimous appointment If the Board fails to make an appointment under subparagraph (A), the Chair shall, not later 10 days after the date of such failure, make the appointment. (C) Initial fund managers The Board shall make the initial appointment of independent fund managers under subparagraph (A) not later than 60 days after the date on which all members of the Board are first appointed. (2) Other duties The Board shall— (A) retain independent advisers to assist it in the formulation and adoption of its investment guidelines