The national governing body, founded in 2011, will continue to operate in its current structure but will now be known as the Irish Athletic Boxing Association (IABA).

The change was instigated after AIBA instructed all its National Federations to drop the word "amateur" from their names, arguing that the concept of amateur boxing no longer exists.

"The association will continue to operate in its current structure and your current contacts will remain unchanged including email contacts," read an IABA statement. 

"At the same time, we will be changing all our official business correspondence and marketing collateral to reflect our new name.

"We are exceptionally proud of our 105-year history and we continue to strive to be Ireland’s leading Olympic sport and one of the world’s best boxing nations in competition, development and governance."

AIBA initially called on all its National Federations to drop the word "amateur" from their names in November 2012.

It formed part of the world governing body's rapid move towards professional boxing - signalling the end of 132 years of history.

Since taking over as AIBA President in 2006, CK Wu has looked to professionalise the organisation.

This became particularly evident in 2009 with the launch of the World Series of Boxing (WSB), a unique team boxing competition which aims to provide a bridge between Olympic boxing and a future professional programme within the AIBA family.

This was followed by the creation of AIBA Pro Boxing (APB), allowing fighters to compete professionally while maintaining their Olympic eligibility.

Amateur boxing was introduced in England - whose national governing body has changed its name from the Amateur Boxing Association of England to England Boxing - in the mid-19th century because of moral and ethical objections to prize fighting, or professional boxing.

Last month, Ireland's Adam Nolan criticised the qualification process for this year's Olympic Games in Rio de Janeiro after he missed out on a spot at the event. 

The welterweight competed at London 2012, reaching the last 16, but claimed he was told he would not participate in the European Olympic Qualification tournament, set to be staged in Turkish city Samsun from April 7 to 18.

That was due to the fact Steven Donnelly had already secured the Irish team’s only welterweight berth at the Games through the WSB.

Fergal Carruth, President and chief executive of the IABA, confirmed in December that Donnelly had been ratified and had earned the nation a quota place. 

The IABA had been given a deadline of December 4 to confirm Donnelly’s participation and if they had been unable to meet that and Nolan had failed to qualify, Ireland would not have had a welterweight at Rio 2016.

Nolan, who recently clinched his fifth Irish senior title, admitted he is unlikely to compete at an Olympic Games again.