Biswal has been with the Indian cricket team through some of its most memorable triumphs, including the 2011 50-over World Cup win at home.
Chief of the Odisha Cricket Association, Biswal's appointment to replace Rajiv Shukla, who resigned at the end of his tenure, was made after a long deliberation at a city hotel.
The decision to appoint the IPL chairman took the longest time in the Annual General Meeting, given that veteran Jagmohan Dalmiya's name was doing the rounds before the AGM.
Biswal was a part of the contingent that triumphed in the Champions Trophy in England close on the heels of the IPL-6 spot-fixing and betting scandal that rocked Indian cricket.
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The former Odisha cricketer was a team selector when the Mahendra Singh Dhoni-led Team India to the first Twenty20 World Championships in 2007.
Often seen as a 'lucky mascot' for the national cricket team, the BCCI, rattled by the IPL spot-fixing allegations, has now turned to Biswal to ensure players maintain discipline and abide by strict rules of behaviour during the Champions Trophy earlier this year.
The all-rounder has five first-class hundreds and 153 wickets in 41 matches and has also been the National Cricket Academy (NCA) chairman in the past.