"I am happy with the appointment because this is the time when BCCI's image has got hampered and it's a great opportunity for me to do something," Ganguly was quoted as saying by India Today.
"Whether you are elected unopposed or otherwise, it's a big responsibility because it is the biggest organisation in the world of cricket. India is a powerhouse. It will be a challenge," he added.
The incredibly-gifted player has hit 22 centuries and 72 half-centuries in the limited-overs format. In test matches, Ganguly scored 7212 runs in 113 matches at an average of 42.17.
Ganguly currently holds post in Cricket Association of Bengal (CAB) where he currently serves as president.
According to the new BCCI rules, an administrator can only serve six years at a trot.
"That's the rule. So we will have to deal with it. My first priority will be to look after first class cricketers," said Ganguly.
"I had requested to the Committee of Administrators (CoA) and they have not listened. Ranji Trophy cricket will be the focus. To take care of cricketers' financial interest," he added.