defer cancel()

	// Migrate storage format if needed.
	for {
		// Migrate IAM configuration, if necessary.
		if err := saveIAMFormat(retryCtx, sys.store); err != nil {
			if configRetriableErrors(err) {
				retryInterval := time.Duration(r.Float64() * float64(time.Second))
				logger.Info("Waiting for all MinIO IAM sub-system to be initialized.. possible cause (%v) (retrying in %s)", err, retryInterval)