AIBA President Wu Ching-Kuo attends a news conference in Baku September 24, 2011. REUTERS/Osman Karimov
(Reuters) - The International Boxing Association's (AIBA) suspended president Wu Ching-kuo announced on Monday that he would step down from his post to "resolve the management issues" within the Olympic sport's governing body.
Wu, who will be replaced by interim chief Franco Falcinelli, said in a joint statement with the Swiss-based organisation that he would withdraw and terminate related pending procedures before civil courts and the AIBA disciplinary commission.
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