Doyle Anderson assumes his duties as the new president of First Nations University of Canada on Aug. 2. (FNUC)First Nations University of Canada has a new president.

It's Doyle Anderson, the Regina-based university announced Monday.

Anderson is currently the director of the Native American Business Administration Program at Idaho State University. He's also executive director of the Indigenous Nations Institute at the university.

Early in his career, he taught in Saskatoon at the Saskatchewan Indian Federated College, the name FNUC used to operate under.

In a news release, Anderson said he was deeply honoured to return to FNUC, which is home to about 620 students.

"This university is a national treasure," Anderson said. "It instilled in me the passion for indigenous higher education and the knowledge required to build and expand indigenous higher education programs and services across Indian country."

Anderson, who is a member of the Red Pheasant First Nation in Saskatchewan, assumes his duties on August 2.

First Nations University of Canada has its main campus next to the University of Regina. CBC

According to FNUC, Anderson completed his doctorate degree in interdisciplinary studies with a dual emphasis in First Nations business management and organizational analysis at the University of Saskatchewan.

He also has an MBA from the U of S and a bachelor's degree in environmental engineering from Montana Tech of the University of Montana.

Anderson takes over from Shauneen Pete, who was appointed interim president after the termination of Charles Pratt last year.

The university has been through a rollercoaster in recent years, with departures of staff and financial and governance problems, culminating with Ottawa and the province cutting funding early in 2010.

After the board agreed to restructure the institution last year, the government money was restored and the University of Regina was brought in to temporarily play a larger role running the school.