Bond replaces Damien Wright. Bond is set to join the team on their tour to Sri Lanka which starts on October 30 with one off Twenty20 International in Pallekele.
Bond said he was excited to work as the bowling coach of the team.
"This is a role I have worked towards since I stopped playing. I have enjoyed a range of coaching experiences around both men's and women's teams alongside some very good coaches and feel I'm ready to add something to the team," Bond was quoted as saying by NZC website.
"The experience of playing for New Zealand exceeded my expectations and I'm sure it will be no different as a coach. I'm really excited about working with the team. I'm looking forward to being back involved at the highest level and the challenge of coaching on the international stage," he added.
NZC Director of Cricket, John Buchanan, told NZC website: "Shane's international record speaks for itself and in recent years he has developed into a highly skilled coach and mentor."
"The Blackcaps have some very important cricket coming up and we are delighted to have Shane on board to help develop and prepare our international bowling attack. His knowledge of the modern game will be a valuable asset to the team and he has the skillset to complement Mike Hesson and Bob Carter," Buchanan added.
Bond's career was marred by injuries and the right-arm paceman was restricted to just 18 Tests and 82 One Day Internationals. He took 87 Test and 147 ODI wickets. He played 20 T20Is, claiming 25 scalps.