Kevin Rudd will lead a new United States think tank focused on the rise of Asia.
Mr Rudd has been appointed the inaugural president of the New York-based Asia Society Policy Institute.
The former prime minister will take up the job in January, following the conclusion of his current policy project on US-China relations at the Harvard Kennedy School's Belfer Center.
The Asia Society launched the policy institute earlier this year.
"I am honoured to accept this appointment," Mr Rudd said in a statement on Wednesday.
"I have long admired the Asia Society and have participated in its work over the past 15 years."
Mr Rudd's appointment won high praise from one of the world's most famous diplomats: former US secretary of state Henry Kissinger.
"Kevin Rudd is a rare global thinker and a sophisticated practitioner of global policy making," he said.
"He has been a key strategist on the future of the Pacific community."
The institute is designed to bring Asia to the forefront of global policymaking, advancing innovative thinking on major issues from Asian and American perspectives alike.
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