The Pakistan Cricket Board has kept faith in Waqar Younis and retained him as captain for the forthcoming home series against New Zealand.

Coach Mudassar Nazar has also hung on to his post despite the humiliating home defeat by Sri Lanka in the Asian Test Championship final.

"We have appointed Waqar as captain for the home series against New Zealand," Pakistan Cricket Board chairman Lieutenant General Tauqir Zia told BBC Sport Online.

"And, although I foresee him leading Pakistan in the 2003 World Cup, we stick to our policy of appointing the captain series-by-series.

"We want to keep a check on the team's performance, Waqar's fitness and his performance, so it's better to go series-by-series."

There had been speculation that Waqar would be sacked following the Sri Lanka defeat.

And he could still be axed ahead of the World Cup in South Africa if Pakistan perform badly against either New Zealand or Australia, who are due to tour in October.

Waqar has been under increasing pressure after reportedly falling out with senior players, including Wasim Akram, Saqlain Mushtaq and Inzamam-ul Haq.