Younis resigned from his post with a few months left to expiry of his coaching contract.
The former head coach had also performed commentary assignments with different sports channels in the past.
He was also a coach for Hyderabad Sun Risers in the IPL edition of 2013.
Waqar Younis resigned on April 4 weeks after his team’s humiliating exit from the World Twenty20 tournament at the group stage.
The 2009 champions had been widely blasted by fans following a lacklustre performance with just one victory against lowly ranked Bangladesh and big losses to India, New Zealand and Australia.
“I am resigning from my post today with a heavy heart,” he told reporters in Lahore.
The fast-bowling legend failed, however, to reverse Pakistan’s slide in the game’s shorter formats, with the team ranked a lowly seventh and eighth place in Twenty20 and one-day internationals respectively.