The source said that the PCB has now started the search for a new head coach of the Test side, and there could be an overhaul of the support staff as well.
The team management and selectors have faced backlash over squad selection for the Champions Trophy.
According to sources aware of developments in the Board, a few players are contemplating if they should travel to New Zealand.
A PCB official said due to time constraints between the ICC Champions Trophy and New Zealand tour, Aaqib Javed will continue as interim head coach.
Pakistan's white-ball captain Mohammad Rizwan is confident of winning the upcoming T20 international series in Australia and is also eyeing a whitewash of the home team.
PCB Chairman Mohsin Naqvi on Wednesday said that South African Gary Kirsten ended his tenure as Pakistan white-ball head coach as he made "some breaches" of his contract with the Board.
Pakistan's new white-ball captain Muhammad Rizwan, after initial reluctance, has agreed to the PCB's new selection policy and will not have any voting right in the short-listing of touring squads or the playing eleven, according to a source in the board.
Yousuf, who had been attached with the Pakistan Cricket Board in different roles since last year, was part of a broad-based national selection committee that includes two former Test players, head coaches, captains and an analyst, among others.
Pakistan captain Shan Masood and head coach Jason Gillespie will no longer have a say in selection matters after the PCB selectors cut down their powers, according to a source.
It was Pakistan's sixth defeat in their last 10 Tests at home and this was also the first time Bangladesh have beaten their neighbours in a Test and series.
Pakistan have dropped plans to conduct "major surgery" on the national team as it included senior players Babar Azam, Mohammad Rizwan and Shaheen Shah Afridi in the Test squad for the two-match series against Bangladesh.
Head coach Jason Gillispie said Shaheen Afridi understands the "situation" and the break will give him quality time with his family.
Current senior selector Aaqib Javed and former spinner Saqlain Mushtaq are in fray to replace Gary Kirsten as Pakistan's new white ball coach after the former Proteas batter stepped down
The Pakistan Cricket Board has decided to appoint Muhammad Yousuf and Abdul Razzaq as interim head coach and assistant coach respectively for the home T20 series against New Zealand later this month.
A team like India, which doesn't have players competing round the year in T20 leagues across the globe, doesn't need two separate coaches for the limited overs and Test format, feels former England spinner Graeme Swann.
The role of outside elements including agents of players and some former players who ran social media campaigns also have not helped ease the simmering tensions in the team.
A well-informed source close to Shaheen said that the bowler was upset that not even once the PCB Chairman Mohsin Naqvi or the national selectors have spoken to him about their future plans as far as the captaincy or appointment of coaches is concerned.
The cricketing world on Thursday gave Indian batsman Rohit Sharma's outstanding knock of 264 against Sri Lanka a standing ovation, with the Mumbai lad's innings propelling his team to a 153-run win.
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