The 58-year-old Pelley will replace American Jay Monahan, commissioner of the Professional Golfers' Association (PGA) Tour, whose four-year mandate is due to conclude on Saturday (December 31).

Monahan will remain on the IGF Board, while Pelley's term will last from 2023 until 2027.

The announcement was made following an IGF Board Meeting held in Lausanne.

"We are grateful for the leadership of Keith Pelley and Annika Sörenstam as we continue to encourage the international development of the sport of golf," said IGF executive director Antony Scanlon.

"As two prominent members in the international golf landscape, Keith and Annika will bring extensive experience and knowledge to our overall strategy and we are thrilled to have them in these key roles.

"I also want to thank PGA Tour commissioner Jay Monahan for his tenure as the IGF chairman and we're delighted to have him continue on the Board moving forward."

Pelley has been chief executive of the DP World Tour - or PGA European Tour, as it is better known - since 2015.

Before becoming the fourth chief executive of the European Tour, Pelley was President of Rogers Media in Toronto.

Before that, he was executive vice-president of strategic planning at CTVglobemedia, President of Canada’s Olympic Broadcast Media Consortium, President and chief executive of the Toronto Argonauts Football Club and President of The Sports Network (TSN).

The 52-year-old Sörenstam, who has 97 worldwide professional victories during her prestigious playing career, was re-elected for a second two-year term as IGF President, which she will serve in 2023 and 2024.

She had replaced Britain's Peter Dawson, the former chief executive of The Royal & Ancient, in December 2020.

Her Major titles include winning the Women's PGA Championship and U.S. Women's Open three times each.

Sörenstam is one of only three women to lead an Olympic International Federation alongside fellow Swede Petra Sörling, President of the International Table Tennis Federation, and Spain's Marisol Casado, who heads World Triathlon.

Founded in 1958, the IGF is the International Federation recognised by the International Olympic Committee as the world governing body for golf and helped oversee the sport's return to the Games after a 112-year absence at Rio 2016.

The Federation changed its name from the "World Amateur Golf Council" in 2003.

Its objectives are to encourage the international development of golf.

It also organises biennial amateur team championships for the Eisenhower Trophy for men and the Espirito Santo Trophy for women.