Most academic journals have an editorial board consisting of some experts in the field that the journal covers. The role of the editorial board in editorial decision making varies from journal to journal. Some journals might require the editorial board’s approval to arrive at a final decision for every submission. In some cases, this might not be the general policy of the journal. However, for some specific papers, the editor might choose to make a decision in consultation with the editorial board. This happens especially when the reviewers have conflicting views and the editor is not sure whose opinion he/she should uphold.
However, in your case, it seems that it is the journal’s policy to send every paper for the editorial board’s approval. Even if your editor is the EIC, if it's the journal's policy, it will have to be followed for every submission. However, do not worry; while this can be a little time consuming, your paper will be reviewed by a committee of experts, which means that the judgment will be more balanced and objective, rather than one person's subjective opinion.