A FIFA statement read: "The FIFA compensation sub-committee and the FIFA president have agreed that the FIFA president's gross basic salary will be Swiss francs 1.5 million per year plus benefits."

Sepp Blatter, Infantino's predecessor as president, did not declare his salary, but it was disclosed in FIFA's accounts in March.

Blatter was paid a gross salary of Swiss francs 2.96million (€2.7m) in 2015.

Infantino promised to put football first and revive FIFA after a wretched period of scandal following scandal which saw United States and Swiss authorities make a series of arrests over corruption allegations, while Blatter and former UEFA president Michel Platini were among those banned.

Infantino, formerly Platini's right-hand man at European football's governing body, has not been immune to the turmoil and was earlier this month cleared of breaching FIFA's code of ethics.

The 46-year-old had been investigated by FIFA's independent ethics committee over "potential breaches" of rules relating to conflicts of interest, loyalty and offering and accepting gifts.

But on August 5 he was cleared of wrongdoing.

Infantino's salary will be accompanied by a car, free accommodation and expenses of Swiss francs 2,000 (€1,824) per month, FIFA said.

"Given the earlier misunderstandings and misrepresentations concerning this process and my compensation, I am pleased that this matter is now resolved and that I have a signed, valid employment contract," Infantino said.

FIFA general secretary Fatma Samoura will be paid a gross annual salary of Swiss francs 1.3m (€1.19m), plus the same benefits.

FIFA compensation sub-committee chairman Tomaz Vesel described the salaries as "absolutely appropriate considering the challenging duties of the president and the secretary general".

FIFA's compensation sub-committee, in agreement with Infantino and Samoura, determined no bonuses would be awarded for 2016.

The FIFA statement added: "FIFA's current compensation policy is inadequate and open to malfunction and misuse.

"Bonus payments from 2017 onwards will be awarded in accordance with objective criteria related to FIFA's mission and operations as well as the outcome of the organisational reforms that are currently being implemented."

The salaries received by Infantino and Samoura are 25% less than those received by Blatter and Jerome Valcke, the former general secretary, FIFA said.

FIFA promised to overhaul its current compensation policy, with Infantino expressing his approval.

He added: "I am determined that abuses of the system will not happen under my presidency."