"Dr Wu handed over a letter this morning to Dr (Jacques) Rogge, informing him about his candidacy. He will announce it officially next Thursday," a source told Reuters.
The Taiwanese is the third IOC member, behind Germany's Thomas Bach and Singaporean Ng Ser Miang, both IOC vice presidents, to decide to run for the post with the election set for Sept. 10 at the IOC session in Buenos Aires.
Rogge, who succeeded Juan Antonio Samaranch in 2001, sees his two-term presidency come to a mandatory end in September.
There are several more potential candidates with Puerto Rican Richard Carrion, head of the finance commission, Swiss sports administrator Denis Oswald and former Olympic pole vault champion Sergei Bubka, seen as possible contenders. The deadline for candidacies is June 10.
Wu took over troubled AIBA in 2006, managing to restore its Olympic credibility after a string of changes to rules and judging following controversies at the Athens 2004 Olympics that led to an IOC ban on funds for the federation.
The England-educated 66-year-old architect, who is a member of the powerful IOC Executive Board since last year and has been an IOC member for 25 years, was urged earlier this week by his own federation to make a bid for the presidency.
He oversaw a hugely successful boxing tournament at the London 2012 Games where women boxers made a glittering Olympic debut.
He was also in charge of designing the Samaranch Memorial in Tianjin, China, which houses the late IOC president's private collections, and was officially inaugurated by Rogge late last month.
- Sports & Recreation
- Juan Antonio Samaranch
- Ng Ser Miang