The 62-year-old is a Russian entrepreneur holding PhDs in engineering and economics, and chairman of one of the world’s largest steelmaking companies. Lisin was voted into the top job at the sport’s international governing body at the end of November. He succeeds Olegario Vázquez Raña, who led the ISSF for 38 years.
Lisin, the establishment candidate who Raña had named as his preferred successor, beat his rival Luciano Rossi by 148 votes to 144, and now faces the task of reuniting the ISSF and restoring normality after an election campaign beset by rifts and controversy.
Lisin’s grant of $10 million will be transferred to the ISSF’s development fund by 10 January. The shooting industry is invited to make further contributions to the fund. The money will go to ISSF member federations that need assistance in developing shooting sports in their countries; to member federations that get quota places for the 2020 Olympic Games in Tokyo; and to athletes who lead the ISSF ranking by the end of the year. The ISSF committee will decide on any conditions attached to any grants made.