logo
#

Latest news with #AnnualGeneralBody

Appointment of IOA CEO awaits EC ratification, announcement Thursday
Appointment of IOA CEO awaits EC ratification, announcement Thursday

Business Standard

time6 days ago

  • Politics
  • Business Standard

Appointment of IOA CEO awaits EC ratification, announcement Thursday

The long-standing bitter conflict within the Indian Olympic Association (IOA) is set to end with the majority of Executive Council members, who have been at loggerheads with president PT Usha, expected to ratify Raghuram Iyer's appointment as CEO. The warring EC members had refused to ratify Iyer's appointment made by Usha in January 2024, the bone of contention being the Rs 20 lakh per month salary for the CEO, along with other perks. A stormy Executive Council meeting in September 2024, which was virtually attended by an official of the International Olympic Committee (IOC), had failed to break the impasse. It has been learnt that a rapprochement is set to take place on the prodding of the sports ministry. "The EC members have agreed to ratify Iyer's appointment and it's likely to be announced on Thursday," a source privy to the development told PTI. The warring EC members are meeting informally on Wednesday evening. A press meet has been called on Thursday, in which Usha and most of the EC members will be present. "There will have to be at least a working relationships (between Usha and warring EC members), so a rapprochement process has started," an Executive Council member said. "We are doing it for the good of Indian sport, especially in view of the fact that we are hoping to host the 2036 Olympics." There has been no Executive Council meeting since September 2024 and no Annual General Body Meeting since March 2023. After PT Usha's election as chief, the IOA took a long time to appoint a CEO mandated under the constitution. The process began only after the IOC's repeated warnings. But when the appointment was made, 12 EC members refused to ratify Iyer for the post. Usha had said that Iyer has been working without pay as his appointment is yet to be ratified by the EC. There have been allegations and counter-allegations from both the sides and the EC members even notified a no confidence motion against Usha last year only to be dropped later. The to-and-fro from the two sides, though, reduced after India submitted a formal expression of interest for hosting the 2036 Olympics towards the end of last year. India is currently in the "continuous dialogue process" with the Future Host Commission of the IOC, despite a "pause" on the process announced last month by the world body. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

IOA Conflict Nears Resolution As EC Members Prepare To Ratify CEO Appointment
IOA Conflict Nears Resolution As EC Members Prepare To Ratify CEO Appointment

News18

time6 days ago

  • Business
  • News18

IOA Conflict Nears Resolution As EC Members Prepare To Ratify CEO Appointment

Last Updated: The Indian Olympic Association's power struggle nears resolution as EC members plan to ratify Raghuram Iyer's CEO appointment, ending discord with President PT Usha. A long-standing power struggle within the Indian Olympic Association (IOA) appears to be approaching resolution. The majority of Executive Council (EC) members—who have been at odds with IOA President PT Usha—are expected to ratify the appointment of Raghuram Iyer as CEO, a move that could signal the end of months of internal discord. The conflict stems from Usha's January 2024 appointment of Iyer as CEO, which faced resistance from EC members due to the Rs 20 lakh per month salary proposed for the position, along with additional perks. The EC refused to endorse the appointment, leading to a stalemate that stalled IOA operations. Despite a stormy Executive Council meeting in September 2024, attended virtually by a representative of the International Olympic Committee (IOC), no breakthrough was achieved at the time. According to a source familiar with the situation, the sports ministry has played a key role in facilitating a resolution. 'The EC members have agreed to ratify Iyer's appointment and it's likely to be announced on Thursday," the source told PTI. In preparation, the EC members plan to hold an informal meeting on Wednesday evening, followed by a joint press conference on Thursday, where both Usha and most EC members are expected to appear. A Rapprochement in the Works An EC member emphasized the need for a functional relationship moving forward: 'There will have to be at least a working relationship [between Usha and the EC members], so a rapprochement process has started," the member said. 'We are doing it for the good of Indian sport, especially in view of the fact that we are hoping to host the 2036 Olympics." Administrative Paralysis and IOC Pressure The internal conflict has severely hampered the IOA's operations. There has been no Executive Council meeting since September 2024 and no Annual General Body Meeting since March 2023. Following PT Usha's election as IOA president, the association delayed the appointment of a CEO, a position mandated by its constitution. The delay prompted repeated warnings from the IOC, eventually leading to Iyer's appointment. However, 12 EC members refused to ratify the decision, leading to a prolonged deadlock. Usha had previously stated that Iyer had been working without pay, as his appointment remained unratified. (with PTI inputs) view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Appointment of IOA CEO to be ratified by EC, announcement likely on Thursday
Appointment of IOA CEO to be ratified by EC, announcement likely on Thursday

News18

time6 days ago

  • Politics
  • News18

Appointment of IOA CEO to be ratified by EC, announcement likely on Thursday

New Delhi, Jul 23 (PTI) The long-standing bitter conflict within the Indian Olympic Association (IOA) is set to end with the majority of Executive Council members, who have been at loggerheads with president PT Usha, expected to ratify Raghuram Iyer's appointment as CEO. The warring EC members had refused to ratify Iyer's appointment made by Usha in January 2024, the bone of contention being the Rs 20 lakh per month salary for the CEO, along with other perks. A stormy Executive Council meeting in September 2024, which was virtually attended by an official of the International Olympic Committee (IOC), had failed to break the impasse. It has been learnt that a rapprochement is set to take place on the prodding of the sports ministry. 'The EC members have agreed to ratify Iyer's appointment and it's likely to be announced on Thursday," a source privy to the development told PTI. The warring EC members are meeting informally on Wednesday evening. A press meet has been called on Thursday, in which Usha and most of the EC members will be present. 'There will have to be at least a working relationships (between Usha and warring EC members), so a rapprochement process has started," an Executive Council member said. 'We are doing it for the good of Indian sport, especially in view of the fact that we are hoping to host the 2036 Olympics." There has been no Executive Council meeting since September 2024 and no Annual General Body Meeting since March 2023. After PT Usha's election as chief, the IOA took a long time to appoint a CEO mandated under the constitution. The process began only after the IOC's repeated warnings. But when the appointment was made, 12 EC members refused to ratify Iyer for the post. Usha had said that Iyer has been working without pay as his appointment is yet to be ratified by the EC. There have been allegations and counter-allegations from both the sides and the EC members even notified a no confidence motion against Usha last year only to be dropped later. The to-and-fro from the two sides, though, reduced after India submitted a formal expression of interest for hosting the 2036 Olympics towards the end of last year. India is currently in the 'continuous dialogue process" with the Future Host Commission of the IOC, despite a 'pause" on the process announced last month by the world body. PTI PDS AT AT AT view comments First Published: July 23, 2025, 18:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store