A CA director for 13 years, Eddings replaced David Peever in 2018 as interim chairman after the former mining executive resigned following the release of a scathing cultural review into the Newlands ball-tampering scandal.
It is expected that BCCI president Sourav Ganguly and secretary Jay Shah along with CA's Earl Eddings and Nick Hockley will reach a consensus on the hosting of 2021 and 2022 editions.
Current Board member Baird has received the unanimous endorsement from fellow CA directors and state chairs to take up the charge next February, making him the fourth chair in less than 18 months.
Earlier in the day, the International Cricket Council (ICC) inducted three retired greats of the game namely South Africa's Jacques Kallis, Sthalekar, and Pakistan's Zaheer Abbas, into the ICC Cricket Hall of Fame.
Earl Eddings was named the new permanent chairman of Cricket Australia (CA) by the board, on Wednesday, four weeks after taking up the post on a temporary basis when David Peever was forced to resign.
CA said in a statement it would ensure elite men's and women's teams were "appropriately and prudently resourced" but chairman Earl Eddings declined to clarify whether the nation's high-performance staff and programmes would be unaffected.
Former players and pundits said CA had treated Langer poorly
Last week, the International Cricket Council (ICC), after a board meeting, said a decision regarding the tournament will be made next month.
While Eddings cast Roberts's departure as a mutual decision, he also said CA wanted a "new leadership style" and the permanent successor would need strong communication skills.
Eddings said CA has given vice-captaincy to various players over the years and will go by the selectors' recommendation when the time comes to pick a successor to Paine.
Adelaide has emerged as a frontrunner to host the December 26-30 marquee fixture.
While the top bosses in the BCCI remained tight-lipped about the development, a senior official in the know of things told PTI that they have decided to accept his resignation letter sent on December 27.
The Australian players have devised their own cultural pact and, under new coach Justin Langer, are expected to have 'elite honesty'.
Raised in Birmingham, Hockley held senior positions in the organising committee of the ICC Cricket World Cup in Australia in 2015 and 2012 London Olympics and Paralympic Games.
Embattled Cricket Australia (CA) Chairman David Peever is set to step down in the wake of a review into the board's governance and culture, local media reported on Thursday.
Cricket Australia has been in a financial mess since the outbreak of the coronavirus pandemic.
"We're one country, aren't we? We're not two countries. And we're one sport," he added.
PCB Chairman Ehsan Mani's comments came a day after Cricket Australia chairman Earl Eddings conceded that the global T20 showpiece seems "unrealistic" as it will be difficult to fly in 16 teams to the country.
The most pressing issue for the governing ICC is what to do about the six Test series
'The discussions are still on, but, today, BCCI has formally sent a letter seeking relaxation of hard quarantine for its players if they are to have the match in Brisbane.'
The prospect of a depleted Australia team struggling on home pitches against India in the coming summer could add further heat from broadcasters
He said most Australian players would want to play the IPL, which can be held in September-October if T20 World Cup and Asia Cup are postponed.
Duo to serve out bans in full, deems Cricket Australia
BCCI feels that the ICC's 'delaying tactic' could severely hurt IPL preparations.
Cricket Australia (CA) announced Kevin Roberts' resignation with immediate effect on Tuesday, following months of criticism over his stewardship during the COVID-19 shutdown.
The Longstaff review criticised CA for fostering a culture of "winning without counting the cost" and blamed the governing body in part for the ball-tampering crisis, which led to the suspensions of former captain Steve Smith and two other players.
Former Australia captain Mark Taylor resigned from Cricket Australia's (CA) board of directors on Monday, as the fallout from a scathing review into the governing body's culture claimed another victim.
Maxwell closer to return, trains with Victoria
Michael Kasprowicz quits Cricket Australia Board
The 65th Emmys will be held on September 22 in Los Angeles.