The ICC Board will gather in London on 18 and 19 October for its fourth and last meeting of the year.
India was the only country to publicly oppose universal use of the ball-tracking and thermal-imaging system.
Issac becomes the eighth president, while ex-SA player David Richardson succeeds Lorgat as new chief executive.
New Zealand's Alan Isaac will take over at the body's five-day Annual Conference starting on Sunday.
Kargil Vijay Diwas: 10 Bollywood Movies Based On The Lives Of Indian Soldiers
In Photos: The Gionee M6 and M6 Plus Smartphones
Get a Glimpse of Olympic Village at Rio
In Pictures: The LG X Screen Smartphone With Dual Display
West Indies vs India, 1st Test, Day 2
CNN name, logo and all associated elements ® and © 2016 Cable News Network LP, LLLP. A Time Warner Company. All rights reserved. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP displayed with permission. Use of the CNN name and/or logo on or as part of NEWS18.com does not derogate from the intellectual property rights of Cable News Network in respect of them.
© Copyright Network18 Media and Investments Ltd 2016. All rights reserved.