Last Thursday, the association held an online meeting to discuss the short, medium and long-term strategic plan. The result of the meeting was a document, the main idea of which is the continuation of the same path. "There is no other organisation like the IBA that works at the highest level," said President Umar Kremlev.

Muslim Gadzhimagomedov was crowned WBA Bridgerweight champion at the IBA Champions Night in Serpukhov. He defeated China's Zhaoxin Zhang in four rounds at the IBA Coliseum.

The same round-robin format in a team-based competition under professional rules will be retained in the International Boxing Association's revamped league. Knockout stages will ensure attractive matches that can raise the stakes and facilitate the discovery of young talent.

IBA President Umar Kremlev and the President of Nigeria, Bola Ahmed Adekunle Tinubu, exchanged ideas and projects during a meeting. Kremlev also expressed his desire to help restore gyms and facilities. Nigeria will host a boxing tournament in August.

The Montenegrin city of Budva will be the venue for the competition, which will take place from 20 October to 6 November 2024. This will be the first time the event has been held in the Adriatic city. It will be the fifth edition to feature both men's and women's boxers together since the merger in 2014 in Sofia, Bulgaria.

The International Boxing Association (IBA) has reported that the IOC, through its respective NOCs, is interfering in the activities of the federations with the threat of "funding cuts as a result of their affiliation to the International Boxing Association". The IBA adds that it will "take appropriate action".

The IBA Board of Directors has given the green light to the members of the newly established Professional Boxing Committee for 2023. Ten of the 27 proposals were approved and will now undergo a review process before the final decision is announced.

On 14 May 2022, the organisation's President was re-elected for a second consecutive four-year term. During this period, the IBA has promoted new competition formats. One of these is the Champions' Night, a professional event. His priorities have been stability, financial security, expansion and athlete support.

There is a very real possibility that boxing will be missing from the Olympic programme at Los Angeles 2028 for the first time since Stockholm 1912. Having taken charge of boxing at Tokyo 2020, and Paris 2024, the International Olympic Committee (IOC) says it will not do so again and needs a new partner international federation for boxing by early 2025.

The International Boxing Association (IBA) has announced that it will invest over $80 million in prize money over the next four-year cycle to 2028, as well as unveiling the full schedule of events around the world.