Concept:
Alternative Dispute Resolution (ADR) centers operating under state High Courts are managed by institutional committees led by sitting high court judges to oversee arbitration and mediation services.
Step 1: Understanding the organizational structure of the Arbitration Centre.
The High Court Arbitration Centre in Kerala operates under an administrative board appointed by the Chief Justice of the state. This board is led by a sitting judge of the High Court who serves as its President.
Step 2: Verifying current institutional appointments.
According to institutional listings and official directories of the Kerala High Court ADR bodies, Justice C.S. Dias is designated as the President of the Board of Governors for the High Court Arbitration Centre.
Step 3: Conclusion.
This aligns with Option (B).