Sounds like he doesn't need to be president.
Does your constitution or bylaws specify each officer's duties? Or do you all sign contracts when you take on an office? If he's not fulfilling his duties, he needs to resign or get impeached. Bring in alumni members (if possible) so that they can communicate the importance of dedicated officers.
Does he delegate tasks at meetings or at some other time (ex. phone or e-mail)? If it's during a meeting, you may want to take it upon yourself to delegate the work to other members (or committees, if you don't already have them).
Does your chapter host executive board meetings, or just general body meetings? If you only have the latter, get with the other officers to try setting up an "officers only" meeting. Since your president only seems to respond to "official" functions and request, having another "official" meeting might force him to make more time.
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*does side bends and sit-ups*
*doesn't lose butt*
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