Srinivasan, however, can only take charge after the Supreme Court rules on a petition filed by the secretary of the Cricket Association of Bihar (CAB), Aditya Verma. The apex court will hear the case Monday.
Seior board member Rajiv Shukla, who was elected the vice-president, said Srinivasan was elected unopposed for a third year in office.
"Mr. Srinivasan has been elected unopposed," Shukla told IANS.
Srinivasan was the lone presidential candidate put forward by the South Zone, from where he got the proposer and the seconder.
Baroda's Sanjay Patel, who diligently carried out the role of an interim secretary after the resignation of Sanjay Jagdale, will be the new full-time board secretary. Jagdle resiged in the wake of the spot-fixing and betting scandal in the Indian Premier League (IPL).
Besides Shukla, who represents Uttar Pradesh, the other new vice-presidents are Sneh Bansal (Delhi) and Ravi Sawant (Mumbai).
Arun Jaitley paved the way for his Delhi and District Cricket Association (DDCA) secretary Sneh Bansal to move in while Sawant, Mumbai Cricket Association (MCA) president, succeeds Niranjan Shah. Shukla replaces Vidarbha's Sudhir Dabir.
Jaitley and Shah did not want to be part of a set-up mired in controversies.
Haryana secretary Anirudh Chaudhary comes in as the new treasurer, replacing Sawant. Himachal's Anurag Thakur will continue as joint secretary.
Mumbai Roundup: 9 incidents that took place this week
Photos: Ajay Devgn, Parineeti, Tabu at 'Golmaal Again' trailer launch
Photos: Dipika Pallikal Karthik oozes oomph in bikinis and sarees
Photos: Kareena Kapoor Khan's grand birthday bash
Photos: 'Dangal' girls Sanya Malhotra, Fatima Sana Shaikh's dinner outing