 Moles has endured a difficult time since taking over as coach
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Andy Moles has resigned as New Zealand cricket coach in an amicable agreement following a performance review.
"Andy Moles has resigned as coach of the Blackcaps in the best interests of New Zealand cricket," New Zealand Cricket (NZC) said in a statement.
The 48-year-old Moles, who succeeded John Bracewell in November 2008, added: "It has been a great privilege to have been the coach of the Blackcaps.
"While I am sad to be leaving, I wish the team every success in the future."
Under Moles, New Zealand have drawn four Tests and lost three and been beaten in 10 out of 19 one-day internationals.
They did reach the recent ICC Champions Trophy final, but lost to Australia.
Justin Vaughan, chief executive of New Zealand Cricket said: "Andy has made a significant contribution to cricket in New Zealand including the recent success of the Blackcaps team in making the final of the Champions Trophy".
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If I had got some feedback earlier, we may have been able to quell this problem
Andy Moles
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Moles's position had been in jeopardy following reports in the New Zealand media that said that unnamed senior players had wanted the former Warwickshire batsman and one-time Scotland coach removed.
Earlier this week Vaughan released a statement backing Moles and insisting the coach would remain in charge for the upcoming one-day series and Twenty20 match against Pakistan.
But New Zealand Cricket summoned Moles to talks on Friday and announced his resignation less than 24 hours later.
Vaughan has now confirmed that New Zealand will travel to the United Arab Emirates for the series against Pakistan with no head coach, led by captain Daniel Vettori, who is also a national selector.
The English-born Moles said he held no grudge against the players but was unaware of their dissatisfaction with his methods.
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606: DEBATE
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"It is unfortunate that it (coaching deficiencies) wasn't raised before and that will be looked at, I'm sure, by New Zealand Cricket going forward," he said.
"If I had got some feedback earlier, we may have been able to quell this problem and been aware of it."
Former New Zealand opening batsman John Wright, who successfully coached India, is seen as a potential long-term replacement but has previously declined the job.
The Kiwis next face Pakistan in a five-game one-day international series beginning on 3 November.
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