Cricket Australia chairman says players and Boards must fulfil their commitments to the ICC Future Tours Program.
Sutherland's latest three-year deal had been due to expire in June 2015.
"It goes without saying that I will do my utmost in this role as we lead into the ICC World T20."
The new plan is likely to set long-term targets for the organisation.
N Srinivasan showed his clout over the cricketing world by becoming new ICC Chairman.
ICC Chairman elect, N Srinivasan was absent from the meeting.
Fields had a distinguished record leading Australian women's team to a World T20 title and a World Cup.
Peever currently holds important positions with the Australian Prime Minster's office and defence.
Wally Edwards had claimed the BCCI had given an assurance.
Edwards feels that India would have gone on an IPL voyage and left world cricket behind.