Thomas Bach, the president of the International Olympic Committee (IOC), has confirmed he will step down next year, adhering to the IOC's 12-year limit for the role. Bach emphasized that new leadership is needed, stating, 'New times are calling for new leaders.' The election for his successor will take place in March 2025. Lord Sebastian Coe has expressed interest in the position, citing his extensive experience within the Olympic movement. Other potential candidates include Kirsty Coventry, Nicole Hoevertsz, and Prince Feisal of Jordan. Bach's decision follows his consistent stance on good governance and a desire to maintain the credibility of the IOC.