There had been calls for world record breaking batsman Brian Lara to be restored as skipper but the selectors have kept faith with Chanderpaul with Ramnaresh Sarwan as vice-captain.
Chanderpaul took over from Lara when the team was racked by a contract dispute last year but in 11 Tests in charge, he has lost eight, drawn two and won just one.
"This is in conformity with the Board's previously established policy that once a captain has been appointed by the Board he remains captain after that tour until such time that the Selectors make a new recommendation for captain," said a WICB statement.
Windward Islands captain Rawle Lewis earns a recall to the side after outstanding performances in the domestic series with 14 wickets this season so far while Jerome Taylor returns from a long-term back injury, three years after his debut against Sri Lanka.
"Its a happy moment, just to know I'm a part of the team again is overwhelming," said the 21-year-old who has taken three wickets in his three Tests so far.
The West Indies will play its first Twenty20 International on February 16 followed by five One Day Internationals and three Tests matches.
The tour to New Zealand runs from February 16 to March 29 with three Tests and five One-dayers lined-up.
Test squad: Shivnarine Chanderpaul (captain), Ramnaresh Sarwan (vice captain), Chris Gayle, Brian Lara, Daren Ganga, Runako Morton, Dwayne Bravo, Dwayne Smith, Denesh Ramdin, Jerome Taylor, Ian Bradshaw, Rawle Lewis, Fidel Edwards, Daren Powell, Devon Smith.
ODI squad: Shivnarine Chanderpaul (captain), Ramnaresh Sarwan (vice captain), Chris Gayle, Daren Ganga, Runako Morton, Dwayne Bravo, Dwayne Smith, Denesh Ramdin, Jerome Taylor, Ian Bradshaw, Rawl Lewis, Fidel Edwards, Deighton Butler, Wavell Hinds.