Moin will replace Iqbal Qasim, who quit after the team's dismal showing in the Champions Trophy in England last month.
In a press release, PCB said: "Pakistan Cricket Board (PCB) announces the appointment of former Pakistan Captain and wicket keeper Moin Khan as Chairman of National Selection Committee. Today, Moin met with Acting Chairman PCB Mr. Najam Sethi and discussed in detail the role of the Selectors and his vision."
"The other members on the Selection Committee headed by its former Chairman Mr. Iqbal Qasim, will continue to work under Moin till further orders," PCB added.
The 41-year-old wicketkeeper-batsman, Moin said it is an honour and privilege to be the chief selector. Moin played 69 Tests and 219 ODIs.
"It is an honor and a privilege to be offered the position of Chairman of National Selection Committee - a position held by many greats in the past and most recently by legendary Mr. Iqbal Qasim. I have accepted this as a challenge and I am glad that PCB and my own vision corresponds in terms of preparing a pool of talented cricketers who can mount an effective challenge in the 2015 World Cup."