The ICC Board has approved a comprehensive resolution relating to the governance, competition and financial models of the ICC at a meeting in Singapore.
Under the changed structure, a new, five-man executive committee (ExCo) will report to the board – who act as ‘the primary decision-making body’.
The ECB, Cricket Australia and the Board of Control for Cricket in India each have a guaranteed seat on the ExCo, with the other two to be elected.
It was also announced BCCI chairman N Srinivasan will be the chairman of the ICC Board for a two-year term, with Cricket Australia’s Wally Edwards chairing the ExCo and ECB chairman Giles Clarke continuing to do likewise for the finance and commercial affairs committee.
ICC President Alan Isaac said: “The board has made some significant decisions today which provide us with long-term certainty in relation to the future governance, competition and financial models of the ICC.
“This decision comes after extensive discussions between members that I helped initiate and were given impetus through a position paper presented by the BCCI, Cricket Australia and ECB in early January.
“Since this time a set of resolutions have been drafted, negotiated and modified – based on a set of principles agreed by the ICC Board on 28 January – and finalised at the meeting today.
“There were eight full members who were in a position to support the resolution today and the two who abstained have pledged to further discuss the issues with an aim to reaching unanimous approval over the coming weeks.”
There was important news, too, for minnow nations seeking a route into Test cricket with the announcement that winners of the next Intercontinental Cup will contest a play-off against the bottom-ranked five-day nation, with a place in the elite ranks at stake.
The planned World Test Championship, meanwhile, has been scrapped in favour of keeping the Champions Trophy.