CAC, comprising Sourav Ganguly, Sachin Tendulkar and VVS Laxman, appointed Shastri as head coach and Zaheer Khan as bowling coach till the 2019 World Cup.
Legendary Rahul Dravid was appointed batting consultant for specific overseas tours.
"The Cricket Advisory Committee has made its recommendation regarding the coach. It is a comprehensive recommendation covering all aspects of the coaching requirement of any team," the COA said in a statement, released by BCCI.
"They (CAC) have applied themselves to the cause at hand with dedication and commitment. This is exactly what we had expected from a committee of such distinguished cricketers. On behalf of all interested in 'Cricket India', BCCI and the COA, I thank them for the service so willingly rendered by them. We accept their recommendation in totality."
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"A coach is a mentor to a team. He is a friend and an elder buddy. He has to actively contribute to building up the morale and harmony in the dressing room. Motivating and guiding the players off the ground is the responsibility of the Coach.
"The captain is the leader and the gladiator on the ground. Any team is always built around the leadership qualities and professionalism of the captain. He is the face of the team. The coach has to provide backroom support.
"Now that they have made the choice, we sincerely feel that the new combination will steward the team to number 1 position in the World Cup.
"We need to put the immediate past events to rest and wish the team, the captain, coach and support staff a very 'happy Innings' in the run up to the World Cup," the COA added.
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