ICC president Sharad Pawar [ Images ] said Isaac's nomination was unanimously approved by the members.
"I am delighted to announce that Alan Isaac's nomination for the role of ICC vice-president was unanimously endorsed by the ICC Executive Board and the full ICC Council, by circular resolution, has also approved the recommendation of the Board. I am looking forward to working with Alan as we now set out to continue improving the ICC's image and reputation.
"I know that Alan is a highly-respected cricket administrator having contributed significantly to New Zealand Cricket as well as the ICC," Pawar said.
Haroon Lorgat [ Images ], the ICC Chief Executive, added: "Alan is determined to build context and content in the Future Tours Programme for international cricket while maintaining the primacy of the ICC global events.
"I am looking forward to working with him and I know that together with Sharad Pawar they will look to enhance the international game as well as the unity that exists within the game."
Isaac is an ICC director who succeeded Sir John Anderson as the chairman of New Zealand Cricket in 2008. A left-handed batsman from Wellington, who also captained Wellington's second team for three years, Isaac is an eminent businessman and corporate governance practitioner who retired as Chairman of KPMG in New Zealand in 2006 after 35 years association with the company.
"It is a great honour and privilege to be confirmed as the ICC vice-president. I am looking forward to serving our great sport at international level and protecting the primacy of international cricket," he said.