On May 7, WB held its first formal meeting with the IOC which signalled the start of a formal collaboration between the two organisations aimed at establishing a pathway for boxing to remain in the Olympic Games.
The Asian Boxing Confederation last month decided to stay with the IBA.
Kazakhstan's Gennady Golovkin will run as a candidate in the election for President of World Boxing, the former middleweight world champion said in a statement on Friday.
'The publication of such rumours is intended solely to disrupt and damage my sporting and professional career.'
The IOC had stripped the IBA in 2019 of its involvement in last year's Tokyo Olympics due to governance, finance, refereeing and ethical issues. The sport was also not included in the initial programme for the 2028 Los Angeles Games.
World Boxing, launched in 2023, has 55 members and is looking to fill the void left by the IBA.
India is set to host the World Boxing Cup Final in November next year, reaffirming its support for the breakaway World Boxing (WB) body.
Incumbent Ajay Singh was on Thursday re-elected President of the Boxing Federation of India (BFI) for a third consecutive term after his comprehensive victory over Jaslal Pradhan in the long-overdue polls.
The three-member panel will examine the "current legal and administrative status of the BFI and assess the implications of the delay on the governance and functioning of boxing in India."
IOC raises prospect of boxing being pulled from Paris Games
