AIBA delegates pictured at an Extraordinary Congress in December 2016 ©AIBA

A new President of the International Boxing Association (AIBA) is due to be elected at a Congress in Moscow from November 1 to 4.

This was revealed by Umar Kremlev, the secretary general of the Boxing Federation of Russia, in an interview with TASS, Russia's official state news agency.

It was subsequently confirmed to insidethegames by interim AIBA President Franco Falcinelli.

An Extraordinary Congress of the world governing body is first scheduled to take place in Dubai on January 27.

It follows the departure of Taiwan's C K Wu in December, which came after an agreement was reached between the official and the AIBA Executive Committee for him to leave the post.

Wu, the AIBA President since 2006, was provisionally suspended by the AIBA Executive Committee prior to his resignation after they allegedly uncovered fresh allegations of wrongdoing.

He was given a similar sanction by the Disciplinary Commission in October and the body's ruling Executive Committee voted 14-0 in favour of keeping the suspension in place following a two-day meeting in Dubai.

In a deal brokered between the two parties, Wu still hopes to be proposed as the organisation's Honorary President.

Kremlev also told R-Sport that the Dubai meeting will be used to approve an interim Board as well as adjustments to the AIBA Charter and an agreement over Sochi's hosting of a World Cup event in 2019.

Franco Falcinelli is the current President of AIBA but it is not clear whether he wants the job on a full-time basis ©AIBA
Franco Falcinelli is the current President of AIBA but it is not clear whether he wants the job on a full-time basis ©AIBA

Italy's Falcinelli is currently the interim leader of an organisation facing a raft of financial, political and organisational problems.

The International Olympic Committee (IOC) have withdrawn all funding paid to AIBA except to facilitate the running of competitions until they have delivered a full report addressing outstanding concerns.

Wu, who remains an IOC member but no longer sits on the Executive Board, is blamed for financial mismanagement surrounding a missing $10 million (£8 million/€8.5 million) loan reached with Azerbaijani company Benkons MMC.

He, in turn, blamed his former executive director Ho Kim, who is thought to be backer of those who engineered the removal of the Taiwanese official, for facilitating the loan.

The world governing body are scheduled to move in to plush new headquarters occupying a whole floor at the House of Sport in Lausanne this year, despite the financial problems.

An independent Swiss Timing electronic draw system is also now being used to select the judges during competitions following the suspension of all 36 referees and judges used at Rio 2016 after an investigation into possible wrongdoing was launched. 

Boxing competitions at Rio 2016 received widespread criticism due to several decisions believed to be suspect.