Imtiaz Patel has turned down the opportunity to become the new chief executive officer of the International Cricket Council.

The ICC named Patel as their preferred candidate to succeed Malcolm Speed, but the South African has opted to continue as chief executive of broadcaster SuperSport.

The ICC recruitment committee will now meet to identify a new candidate to take over from Speed when the Australian stands down in July.

Patel said: "My family and I have reflected deeply on the wonderful opportunity which the ICC presented to me to fulfil such an important role in a sport which is in my blood.

"After considering my position carefully, I have, however, resolved to remain in my beloved country, South Africa, and continue in my challenging and fulfilling role as chief executive officer of SuperSport International."

ICC president-elect David Morgan was disappointed with Patel's decision but insisted it would not derail the governing body from finding the right man for the role.

"We are obviously disappointed that Imtiaz has chosen to withdraw his interest, having regarded him highly," said Morgan.

"However, the fact that Imtiaz has withdrawn does not mean that, by default, we will be left with a candidate who is in any way inferior to him. In fact, we have been fortunate to have several high calibre candidates on the shortlist, all of whom bring something slightly different to the table.

"The role of ICC chief executive officer, while challenging, represents a huge opportunity for the successful candidate. It is an opportunity for that person to help forge the future of our great game at a time of huge innovation and excitement.

"We remain committed to securing the services of the right candidate and we anticipate being able to complete that task in the very near future," he added.

Explore Cricket

• Counties