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Zurich - FIFA's Executive Committee on Thursday "unanimously" approved a programme of reforms which includes limiting presidents to a maximum 12 years in charge and introducing "transparency of compensation" for leading officials.
In a statement, world football's governing body confirmed it had been agreed to introduce the reforms as part of broader measures in an attempt to restore credibility at the scandal-hit institution.
The Reform Committee, chaired by Francois Carrard, proposed introducing "maximum term limits of three terms of four years for the FIFA President as well as all members of the FIFA Council, the Audit and Compliance Committee and the judicial bodies."
Current president Sepp Blatter, who has said he will stand aside in February, was voted in for a fifth term at the helm of FIFA, having first won election in 1998.
His predecessor Joao Havelange was in office for 24 years.
However, there will be no age limit for aspiring presidents.
"The age limit by definition is arbitrary," Carrard said at a press conference on Thursday.
"What is important is to ensure renewal of terms. That is why we reached absolute consensus," added Carrard, who called the introduction of a maximum three terms as "realistic, sound, fair."
