New Delhi - India's Shashank Manohar will stay on as chairperson of the
International Cricket Council until the end of his elected term in June 2018,
the game's world governing body said on Wednesday.
Manohar, who resigned from his post citing "personal
reasons" in March, was coaxed to stay on until the board met in April to
vote on a series of major reforms.
As chairperson he spearheaded a broad restructuring of the body
aimed at curbing the dominance of cricket's wealthiest nations - India,
Australia and England - since being appointed ICC boss last year.
His efforts came to fruition last month when the ICC
overwhelming endorsed a plan to more equitably share revenue among all members
- a decision that cost India a large chunk of its funding.
The restructure - described by Manohar as "another step
forward for world cricket" - was agreed in principle in February by the
majority of Test playing nations, including England and Australia, but was
opposed by India.
The Board of Control for Cricket in India stands to lose
$277 million in revenue over the next eight years under the changes, with more
flowing to minor Test nations and associate members like Ireland and
Afghanistan.
India resisted naming its Champions Trophy squad in protest,
missing a key deadline and threatening to pull out of the tournament in
England, but relented and named a side this week.
The new financial plan and governance structure will be ratified at the ICC's annual conference in June.