The IOC session in Ancient Olympia, Greece, is set to conclude with a presidential election featuring seven candidates. Outgoing President Thomas Bach emphasized the significance of the event, which reflects on the organization’s heritage while looking forward to future leadership. The election will involve over 100 IOC members casting their votes for a new president who will serve an eight-year term.
The International Olympic Committee commenced its session in Ancient Olympia, Greece, on Tuesday, with the presidential election scheduled for Thursday. The outgoing President, Thomas Bach, referenced the election briefly during his speech delivered at the Olympic academy, as seven candidates vie for leadership of this significant sporting body. The IOC is recognized as the wealthiest multi-sport organization globally, generating approximately $7 billion every four years.
In his address, Bach remarked, “This is exactly what this session is about. A sacred pilgrimage to our ancient past.” He acknowledged the significance of honoring both the origins of the Olympics and the democratic process of electing a new president, which highlights the IOC’s commitment to the future. Bach, who has served for 12 years, is set to step down in June.
The list of candidates for the presidency includes prominent figures: David Lappartient, Juan Antonio Samaranch Jr., Sebastian Coe, Kirsty Coventry, Prince Feisal Al Hussein, Morinari Watanabe, and Johan Eliasch. Although no clear frontrunner has emerged, Coe, Samaranch, and Coventry are considered strong contenders likely supported by Bach.
More than 100 IOC members, consisting of federation leaders, national Olympic committee presidents, and distinguished guests, will participate in the voting process on Thursday. The newly elected president will serve an eight-year term, with the potential for re-election extending the total term to a maximum of 12 years.
The IOC session in Ancient Olympia marks a significant event culminating in the election of a new president. With a diverse range of candidates competing for the influential position, the session embodies the IOC’s commitment to its origins and future direction. Thomas Bach’s departure after a lengthy tenure sets the stage for a potential shift in leadership among the prestigious organization.
Original Source: www.usnews.com