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Kirsty Coventry takes over presidency of International Olympic Committee

China

China

China

Kirsty Coventry takes over presidency of International Olympic Committee

2025-06-24 02:34 Last Updated At:03:27

Zimbabwe's Kirsty Coventry took over the presidency of the International Olympic Committee (IOC) from Thomas Bach on Monday during a handover ceremony at the IOC headquarters in Lausanne, Switzerland.

The 41-year-old former Olympic swimming champion made history by becoming the first woman and the first African to lead the 131-year-old global sports body. Her presidential term is eight years, with the possibility of seeking a four-year extension.

During her first speech as IOC President, Coventry praised the Olympic Movement as "a platform to inspire, a platform to change lives, and a platform to bring hope."

"I can't believe that in 1992 when I had the dream of going to the Olympic Games and winning a gold medal for Zimbabwe, that I'd be standing here with all of you, getting to make those dreams come true for more young people around the world," she said.

Coventry secured the presidency in a decisive first-round vote during the 144th IOC Session on March 20, receiving 49 votes out of 97 ballots cast to defeat six other candidates.

Kirsty Coventry takes over presidency of International Olympic Committee

Kirsty Coventry takes over presidency of International Olympic Committee

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 20 pips to 7.0108 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 7.0108 against USD Monday

Chinese yuan strengthens to 7.0108 against USD Monday

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