Ajay Singh, president of the Boxing Federation of India has been selected as the president of the Foundation Board for Better Boxing of AIBA (International Boxing Association). He has been elected to the post for a tenure of 4 years.
AIBA formed the Foundation Board for Better Boxing in the last meeting of its Executive Committee to formulate an action plan for global development of the sport in future.
Ajay Singh is an Indian entrepreneur, co-founder and present owner of Indian low-cost airline SpiceJet.As of June 2017 he holds 59.13 % stake in Spicejet airlines.
The International Boxing Association or AIBA, originally the Association Internationale de Boxe Amateur, is a sportorganization that sanctions amateur (Olympic-style) boxing matches and awards world and subordinate championships. Recently, AIBA has been trying to build its own semi-professional version of boxing, where boxers would retain their Olympic eligibility, through the team tournament league known as World Series of Boxing and AIBA Pro Boxing.