The 39-year-old steps up from his assistant role to replace the departing Mykhailo Fomenko following a disappointing Euro 2016 campaign, which saw defeats in all three group games, including against Northern Ireland in Lyon.
A statement on the Football Federation of Ukraine website said Shevchenko’s appointment was on a two-year deal, with the possibility of extension.
“The executive committee of the Football Federation of Ukraine unanimously supported the candidature of Andriy Shevchenko,” the statement read.