The controversial ascension of Narayanaswami Srinivasan to the most powerful position at the International Cricket Council has been rubber-stamped at the organisation's annual conference in Melbourne.

Srinivasan was barred earlier this year from continuing as president of the Board of Control for Cricket in India, after the country's Supreme Court stood him down during their ongoing investigation into corruption in the Indian Premier League.

But that has not stopped him being named ICC chairman, a post which he was nominated for at the executive board meeting in February, when the so-called 'big three' of India, England and Australia were given the green light to proceed with sweeping constitutional reform of the governing body.

The proposals included key leadership roles for the representatives of all three countries, with Srinivasan in the newly-created role of chairman, Cricket Australia chairman Wally Edwards leading a new executive committee and the England and Wales Cricket Board's Giles Clarke remaining as chair of the financial and commercial affairs committee.

Critics have characterised the re-organisation, which will also see a greater proportion of the sport's growing income diluted into the coffers of the big three, as a self-motivated power grab.

But the promise of a larger overall money stream and the guarantee of continued intra-national participation by India - who had reportedly considered breaking away from the ICC - appears to have led to a consensus.

In Melbourne, the changes were passed after a vote 52-strong full council.

Srinivasan used his coronation as a chance to speak of inclusivity and growth, including the idea of extending Test status to associate members.

"It is an honour to be confirmed as the chairman of the International Cricket Council," he said.

"I will leave no stone unturned in trying to strengthen the pillars and foundations of our sport, both on and off the field. I want to ensure that cricket retains and grows its popularity, and that the ICC plays a leading role in this global growth.

"I want to see more strong teams in international cricket. For this to be achieved, we all need to work hard to develop local talent in our countries. Naturally, there will be more support to those who first show they can help themselves.

"The ICC is a members' organisation and the pathway is now there for any member to play Test cricket or in the major ICC events if it performs well enough over a sustained period of time."

BCCI secretary Sanjay Patel heralded Srinivasan's appointment and lauded him as the ideal candidate to take charge for the two-year period up to 2016.

"It is a proud and historic moment for Indian Cricket, and on behalf of all the members of the BCCI, we wish him all the best," said Patel.

"As India takes the leadership position in World Cricket, the responsibility of guiding the game in these challenging times could not have found a better leader than Mr. Srinivasan.

"This establishes the important role that the BCCI will essay, as we take this responsibility to work with other members during these days of growth."

The annual conference also saw Bangladeshi Mustafa Kamal named as ICC president.

"This is a memorable and historic day for Bangladesh cricket. On this day 14 years ago, Bangladesh became the 10th Test playing country. Today, a Bangladeshi becomes the 11th President of the International Cricket Council. Thank you for bestowing this honour on Bangladesh and me," he said.