They were honoured along with four legends of the sport, including former world heavyweight champion Wladimir Klitschko, at a special gala dinner which also marked the 70th anniversary of the founding of AIBA. 

There was also a special Great Contribution Award for the late Muhammad Ali, who died earlier this year. 

There was also an award for AIBA C K Wu to mark the 10th anniversary of his election as President of AIBA.

Adams and Dusmatov won the female and male boxers of the year following an online vote.

It capped an outstanding year for both fighters.

Adams, 34, won the 51 kilogram division at the World Championships in Astana in May and then retained her Olympic flyweight title at Rio 2016.

Adams was unable to attend the event as she is currently training at the English Institute of Sport in Sheffield. 

The 23-year-old Dusmatov won the gold medal in the Olympic light flyweight in Rio de Janeiro and was also awarded the Val Barker Trophy, given to the outstanding boxer at each Games. 

The coach of the year was Billy Walsh, the Irishman who now works for USA Boxing. 

Under Walsh, the United States enjoyed its most successful performance at the Olympics for 20 years winning three medals, including a gold for Claressa Shields in the women's middleweight category. 

Klitschko was in the Hall to receive from Wu his award to mark "outstanding contribute to the AIBA boxing community".

The Ukrainian lifted the Olympic title in the super-heavyweight division at Atlanta 1996 and has since won 64 of his 68 professional fights, claiming the world heavyweight title on two occasions.

He is due to try to regain his title for a third time when he fights Britain's Anthony Joshua, the London 2012 super-heavyweight gold medallist, at Wembley Stadium on April 29. 

"I am honoured to be one of the first recipients of the AIBA Legends award," said Klitschko.

"My journey with AIBA began when I was 14 years old and boxing has given me so many positive experiences since then. 

"Congratulations to AIBA on your 70th anniversary and for your continued dedication to the growth and development of boxing around the world."

Other legends honoured included Cuba’s Félix Savon, the Olympic heavyweight gold medallist at Barcelona 1992, Atlanta 1996 and Sydney 2000. 

Klitschko and Savon were joined by France’s Brahim Asloum, the Sydney 2000 light flyweight gold medallist and a former World Boxing Association world champion, and India's Mary Kom, a pioneer of women's boxing, who has won five world titles and an Olympic bronze medal at London 2012. 

Ali won an Olympic gold medal in the light heavyweight at Rome 1960 and then went on to become widely considered the greatest sportsman in history. 

His award was collected on behalf of the Ali family by Mike McAtee, the acting executive director of USA Boxing. 

The award for Wu marked the end of two days when the sport rallied behind him following allegations that several million dollars is missing from AIBA accounts and a judging scandal at Rio 2016. 

Earlier today, an Extraordinary Congress heard a report that AIBA are pursuing criminal charges against its former executive director Ho Kim.

They allege he had control over an account a $10 million (£8 million/€9 million) loan allocated in 2010 by Baku-based Benkons MMC conglomerate.

According to the New York Times, a study undertaken by PricewaterhouseCoopers could not account for almost half of the money which was supposed to be help set up an American franchise to compete in the World Series of Boxing. 

AIBA suspended all 36 referees and judges used at the Olympic Games in Rio de Janeiro following the scandal.

Bantamweight world champion Michael Conlan of Ireland claimed amateur boxing "stinks from the core to the very top" after losing a quarter-final bout he appeared to have dominated against a Russian, Vladimir Nikitin.

Following the controversy, AIBA has announced a series of changes to its judging rules, which were formally approved by the Extraordinary Congress today.

"AIBA is here to represent all of our National Federations, and empowering them is our priority as we head towards Tokyo 2020," said Wu.

"This has been a remarkable, at times challenging year, but I can say without question that AIBA is finishing 2016 stronger and more unified than ever, and will continue implementing reforms that will reaffirm the integrity of our sport and build towards Tokyo 2020 with far-reaching educational programmes and the ongoing HeadsUp initiative,"