Based on the teaching of the New Testament and the pattern of the New Testament church, we believe the primary responsibility for governing and authoritative teaching in the church is given to spiritually called and biblically qualified men. Therefore, while we affirm the role of women in a wide variety of leadership and teaching roles, the biblical office of elder is reserved for men. We also recognize that even among Bible believing churches there is disagreement on this topic. So, while holding this position with biblical conviction, we also hold it with biblical charity and respect for those who believe otherwise.
For a helpful resource on this topic, below is a link to an excerpt from Wayne Grudem's chapter in Systematic Theology on the role of women in the church.