BCCI's current secretary Jay Shah has been appointed as the head of the finance and commercial affairs committee of ICC, according to sources who informed Sports Tak. Jay Shah recently kept his place as the secretary of India's apex cricket council and is also the president of the Asian Cricket Council (ACC).
Shah will now be responsible for heading ICC's most important committee, with all major financial policy decisions to be taken by the F&CA committee before it is ratified by the ICC board.
"Each and every member accepted Jay as the head of F&CA committee. This is an equally powerful sub-committee apart from the ICC chair (Greg Barclay)," an ICC source told PTI on conditions of anonymity.
This includes revenue sharing among the member nations and also the various major sponsorship deals that the global body inks throughout the year. The F&CA committee is always headed by an ICC Board member and Shah's election makes it clear that he will represent the BCCI on the ICC Board.
The F&CA head's position used to be India's during the N Srinivasan era but during Shashank Manohar's tenure as ICC chairman, the BCCI's power might have significantly reduced. In fact, during the Committee of Administrators' tenure, there was a point when BCCI didn't even have any representation in the F&CA committee.
Former BCCI president Sourav Ganguly was a member of the F&CA committee till last year.
Greg Barclay continues as ICC chairman
Earlier, Greg Barclay was re-elected as the chairman of the International Cricket Council (ICC), cricket's governing body announced on November 12 (Saturday). Barclay, who is an Auckland-based commercial lawyer, will continue as the Independent Chair for another two years. He was first elected as the chairman back in 2020 and now Barclay will continue for a further two-year term. Tavengwa Mukuhlani who was contesting for the post withdrew his nomination, paving the path for Barclay to emerge triumphant unanimously.
"It is an honour to be re-elected as the Chair of the International Cricket Council and I would like to thank my fellow ICC Directors for their support," Barclay said in an official release.
"Over the last two years, we have made significant strides forward with the launch of our global growth strategy that provides clear direction to build a successful and sustainable future for our sport.
"It is an exciting time to be involved in cricket and I look forward to continuing to work closely with our Members to strengthen the game in our core markets as well as grow it beyond that, ensuring more of the world can enjoy cricket," he added.
