Russian Umar Kremlev has been elected the new AIBA president and has vowed to implement changes in the association.
The congress was held virtually on Saturday and saw 155 national federations taking part with Kremlev beating other candidates with just over 57% of the vote.
Last year, the International Olympic Committee (IOC) suspended AIBA in relation to financial irregularities and governance issues.
Kremlev has said he hopes to see AIBA reinstated before the Paris Olympics in 2024.
Umar Kremlev is the new president of the @AIBA_Boxing, winning the election on Saturday with 57.33 per cent of the vote. Kremlev has called for unity and reforms in AIBA, the sports body that represents amateur boxing worldwide.https://t.co/em2Sq1cpV0
— AIBA (@AIBA_Boxing) December 12, 2020
Speaking after his victory he said,
"Boxing is the sport of fighters. Our fight today is against financial debt, against incompetence, against corruption, against doping, against poor training, and against poor safety.
"Strengthening AIBA's governance structures, and ensuring our checks and balances work, will be the focus of my tenure as president.
"Getting rid of AIBA's debt will be the first priority. As I promised... I will clear this debt in the first six months.
"My administration will aim to raise $50m within two years, all of which will be used to rebuild AIBA."
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