Latest news with #MorinariWatanabe
Japan Times
25-03-2025
- Politics
- Japan Times
Watanabe stresses significance of IOC presidency bid
Morinari Watanabe said Monday that his bid to be president of the International Olympic Committee was meaningful, despite it being unsuccessful. "There was a world that I was able to see because I ran," Watanabe, 66, head of the International Gymnastics Federation, told a news conference in Tokyo. "I believe running for the IOC presidency means a lot to the Japanese." Watanabe, who became the first Japanese to seek the top IOC post, earned only four of the 97 valid votes in the election last week after serving as a member of the committee for seven years and proposing to hold the Summer Olympics simultaneously on five continents. The election was won by Zimbabwe's Kirsty Coventry, who will be the first female IOC chief. "She will surely open a new era," Watanabe said. Watanabe ruled out the possibility of seeking an executive status in the committee although expressing intention to "continue to inspire the sports world." Meanwhile, he showed concern over a possible decline in Japan's influence over the IOC after 2029, when he is set to retire from the committee due to the age limit of 70. Expecting to see another Japanese presidential candidate in the future, he said, "My dream is that someday a Japanese will be the IOC president."
Yahoo
20-02-2025
- Business
- Yahoo
Corpay Cross-Border Named the Official FX Payments Supplier of the FIG
Providing access to currency risk management and cross-border payments solutions TORONTO, February 20, 2025--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with the Federation Internationale de Gymnastique (FIG), the world governing body for gymnastics recognised by the International Olympic Committee (IOC), to become their Official Foreign Exchange Payments Supplier. Through this partnership, the FIG will be able to utilise Corpay Cross Border's innovative solutions to help mitigate foreign exchange exposure from their day-to-day business needs. Additionally, Corpay Cross-Border's award-winning platform will enable them to manage their global payments from a single point of access. "The Corpay Cross-Border team is honoured to be named the Official FX Payments Supplier for the FIG," said Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions. "As we continue to focus on growing Corpay's brand and business globally, we are excited to partner with a historic and respected organization such as the FIG. I am confident that the FIG, along with their network of national member federations and corporate business partners, will benefit from access to our comprehensive cross-border payments and FX risk management solutions, along with our experience gained within the world of sports." "We are delighted about this agreement with an internationally renowned company such as Corpay," FIG President Morinari Watanabe declared. "This collaboration will introduce Corpay's services to the world of gymnastics and help us, as an international federation with 165 member federations, to streamline our numerous foreign currency transactions." About Corpay Corpay, Inc. (NYSE: CPAY) is a global S&P500 corporate payments company that helps businesses and consumers pay expenses in a simple, controlled manner. Corpay's suite of modern payment solutions help its customers better manage vehicle-related expenses (such as fueling and parking), travel expenses (e.g. hotel bookings) and payables (e.g. paying vendors). This results in our customers saving time and ultimately spending less. Corpay Cross-Border refers to a group of legal entities owned and operated by Corpay, Inc. Corpay – Payments made easy. To learn more visit About FIG The FIG is the world governing body for gymnastics recognised by the International Olympic Committee (IOC). It is the oldest established international federation of an Olympic sport and has participated in the Olympic Games since their revival in 1896. The FIG governs eight sports: Gymnastics for All, Men's and Women's Artistic Gymnastics, Rhythmic Gymnastics, Trampoline - including Double Mini-trampoline and Tumbling -, Aerobics, Acrobatics and Parkour. Find out more at *"Corpay" in this document primarily refers to the Cross-Border Division of Corpay, Inc. a full listing of the companies that are part of Corpay Cross-Border is available here: View source version on Contacts Corpay: Brad LoderChief Marketing OfficerCorpay Cross-Border Solutions+1 (647)
Yahoo
30-01-2025
- Politics
- Yahoo
Olympics-From Games on five continents to digital change, IOC candidates unveil plans
LAUSANNE, Switzerland (Reuters) - The seven candidates for the world's most powerful job in global sport -- the presidency of the International Olympic Committee -- unveiled their plans and vision for the Games in a brief presentation to the IOC membership on Thursday. From a Games held simultaneously across five continents to the need for quick digital change to keep up with the times, the priorities of candidates varied in the 15 minutes each was allowed to address the 100-plus IOC members behind closed doors. The members, who on Thursday were not allowed to ask any questions, will elect a new Olympic leader for an eight-year term on March 30 at their session in Greece. See for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories. By signing up, you agree to our Terms and Privacy Policy. "The Olympics to be held on five continents at the same time," Morinari Watanabe, international gymnastics federation chief and presidential candidate told a press conference following his presentation. "To offer greater potential for broadcasters and commercial opportunity." The candidates are World Athletics chief and former Olympic champion Sebastian Coe, multiple Olympic swimming gold medallist Kirsty Coventry, Zimbabwe's sports minister, as well as Spaniard Juan Antonio Samaranch, son of the late former IOC president. International cycling chief David Lappartient, Prince Feisal Al Hussein of Jordan, Olympic newcomer and multimillionaire Johan Eliasch, who heads the International Ski Federation, and Watanabe complete the candidates' lineup. "I felt very good in the room. It is for them (members) to decide whether I touched the right fibres," Samaranch, who among other things wants a new bid system for cities, told a press conference following his presentation. While Lappartient said he would like the Games to be hosted by an African nation, Prince Feisal wanted the return of boxing on the Los Angeles 2028 Games programme after the international federation (IBA) was stripped of its Olympic recognition by the IOC over governance problems. NO FAVOURITE It is difficult to predict the outcome of the vote with no clear front-runner, unlike 12 years ago when outgoing president Thomas Bach as overwhelming favourite was first elected. Los Angeles will host the 2028 Summer Games while Brisbane will stage the 2032 edition. The IOC's finances are robust, with $7.3 billion of revenues already secured for the years 2025-28 and $6.2 billion for 2029-2032, but it also saw three top sponsors -- Toyota, Bridgestone and Panasonic -- terminate their contracts in 2024. Several of the candidates touched on the need to review the Olympic body's commercial structure. "I am standing because I believe I have a proven track record and experience to deliver," said businessman Eliasch. "I know what it takes to lead and drive change. This is not a popularity contest." Coventry, the only female candidate and the only one from Africa, said she was not getting any favourable treatment or support from President Bach, a former Olympic fencing champion, despite being long seen as his preferred choice. "As fellow athletes we share a lot of common ideas and philosophies. I do firmly believe he is being very fair to all candidates," Coventry said.
Reuters
30-01-2025
- Sport
- Reuters
From Games on five continents to digital change, IOC candidates unveil plans
LAUSANNE, Switzerland, Jan 30 (Reuters) - The seven candidates for the world's most powerful job in global sport -- the presidency of the International Olympic Committee -- unveiled their plans and vision for the Games in a brief presentation to the IOC membership on Thursday. From a Games held simultaneously across five continents to the need for quick digital change to keep up with the times, the priorities of candidates varied in the 15 minutes each was allowed to address the 100-plus IOC members behind closed doors. The members, who on Thursday were not allowed to ask any questions, will elect a new Olympic leader for an eight-year term on March 30 at their session in Greece. "The Olympics to be held on five continents at the same time," Morinari Watanabe, international gymnastics federation chief and presidential candidate told a press conference following his presentation. "To offer greater potential for broadcasters and commercial opportunity." The candidates are World Athletics chief and former Olympic champion Sebastian Coe, multiple Olympic swimming gold medallist Kirsty Coventry, Zimbabwe's sports minister, as well as Spaniard Juan Antonio Samaranch, son of the late former IOC president. International cycling chief David Lappartient, Prince Feisal Al Hussein of Jordan, Olympic newcomer and multimillionaire Johan Eliasch, who heads the International Ski Federation, and Watanabe complete the candidates' lineup. "I felt very good in the room. It is for them (members) to decide whether I touched the right fibres," Samaranch, who among other things wants a new bid system for cities, told a press conference following his presentation. While Lappartient said he would like the Games to be hosted by an African nation, Prince Feisal wanted the return of boxing on the Los Angeles 2028 Games programme after the international federation (IBA) was stripped of its Olympic recognition by the IOC over governance problems. NO FAVOURITE It is difficult to predict the outcome of the vote with no clear front-runner, unlike 12 years ago when outgoing president Thomas Bach as overwhelming favourite was first elected. Los Angeles will host the 2028 Summer Games while Brisbane will stage the 2032 edition. The IOC's finances are robust, with $7.3 billion of revenues already secured for the years 2025-28 and $6.2 billion for 2029-2032, but it also saw three top sponsors -- Toyota, Bridgestone and Panasonic -- terminate their contracts in 2024. Several of the candidates touched on the need to review the Olympic body's commercial structure. "I am standing because I believe I have a proven track record and experience to deliver," said businessman Eliasch. "I know what it takes to lead and drive change. This is not a popularity contest." Coventry, the only female candidate and the only one from Africa, said she was not getting any favourable treatment or support from President Bach, a former Olympic fencing champion, despite being long seen as his preferred choice. "As fellow athletes we share a lot of common ideas and philosophies. I do firmly believe he is being very fair to all candidates," Coventry said.
