BUDAPEST, Hungary - Jeffrey Webb was elected president of CONCACAF at the confederation's annual congress on Wednesday, chosen by acclamation as the only candidate on the ballot.

The 47-year-old banker and president of the Cayman Islands Football Association will complete the four-year term of Jack Warner, who was elected a sixth time to the post in May 2010 but resigned a month later after 20 years in office.

"Over the last year, our mission and our vision have been blurred, from lawyers, to audit reports to compensation. We have deviated from our mission," Webb told the congress following the vote. "I am here; we are here, because of our love for football.

"The passion for the game drives and motivates our every action. Our core focus must be football: its development, its growth and its ability to transform nations. We must rest and restructure our confederation."

Webb, who has been president of the Cayman Islands federation for 21 years and was nominated by 29 of the 40 member associations, and also serves as Deputy Chairman of the FIFA Internal Audit Committee and is a member of the FIFA Transparency and Compliance Committee.

He also is the chairman of the CONCACAF Youth Committee and was chairman of the Caribbean Football Union's Normalization Committee, which was dissolved with that organization's presidential and executive committee elections on Tuesday.

"The events over the past year will not define and determine our destiny," Webb said. "We have a responsibility to ensure that history isn't repeated.

"Let us use the events over the past year as a catalyst to promote positive change. Let's see it as an opportunity to return to the core values of the beautiful game - the values which enchanted and sparked our love affair with this game."

Webb becomes the fourth president in CONCACAF's history, joining Ramon Coll Jaumet (Costa Rica, 1961-1968), Joaquin Soria Terrazas (Mexico, 1968-1990) and Warner (Trinidad & Tobago, 1990-2011).