Chris Read has signed a new two-year deal with Nottinghamshire.
The 35-year-old will remain at Trent Bridge until the end of the 2015 campaign but has stepped down from captaining the limited-overs sides after leading the Outlaws to the Yorkshire Bank 40 title at Lord's this season.
He will, however, continue to skipper Notts in the LV= County Championship.
“My focus at the end of last season was on winning a one-day trophy and avoiding relegation so I felt the need to take a couple of weeks to reflect before considering a way forward for myself and the team,” said the former England international.
“I demand a lot from myself and I wasn’t happy with my batting in the championship last season, although I felt that I kept wicket to a high standard.
“I always thought that captaincy was something that I would take on for a few years before handing over the reins. Stepping away from it in limited-overs cricket is the start of me doing that.
“Stephen Fleming was incredibly helpful when I began to take on the role here and I will be similarly supportive to the new limited-overs captain.”
Nottinghamshire have also announced that they hope to conclude the signing of an overseas bowler and an established batsman in the coming weeks.
Read added: “It’s important to look forward to next season and to make plans for improvement and we felt that we needed some experienced additions, particularly when we’re missing the likes of Alex Hales, Michael Lumb, Samit Patel and James Taylor (through international duty).
“We’ve targeted some players with excellent track records and I’m confident that they can improve us.”