Pakistan's selectors on Thursday also picked three different wicketkeepers for the three formats while dropping Misbah from the Twenty20 team.
Pakistan will play two Twenty20s, five one-dayers and three tests against Sri Lanka, starting with a Twenty20 in the southern port city of Hambantota on June 1.
"Whatever the selectors and board thinks right, they have done it. I am not disheartened. My job is to still focus on leading the side well in tests and ODIs which remains a major responsibility," he said.
PCB chief Zaka Ashraf made it clear that the board appreciated the good work done by Misbah since last year but needed to move on. "Hafeez will also be vice captain to Misbah in the tests and ODIs," he said.
The selectors also recalled fast bowler Mohammad Sami to all the three squads and middle-order batsman Faisal Iqbal was brought back into the test team.
The ODI squad is: Muhammad Hafeez, Nasir Jamshed, Younus Khan, Misbahul Haq (Captain), Umar Akmal, Sarfaraz Ahmed, Shahid Afridi, Umer Gul, Rahat Ali, Saeed Ajmal, Abdur Rahman, Muhammad Sami, Asad Shafiq, Aizaz Cheema, Azhar Ali and Imran Farhat.
Test squad: Muhammad Hafeez, Taufiq Umar, Azhar Ali, Misbahul Haq (Captain), Younus Khan, Asad Shafiq, Adnan Akmal, Umar Gul, Saeed Ajmal, Abdul Rahman, Muhammad Sami, Faisal Iqbal, Junaid Khan, Afaq Rahim, Muhammad Ayub Dogar and Ijaz Cheema.
T20 squad: Khalid Latif, Ahmed Shehzad, Muhammad Hafeez (Captain), Shoaib Malik, Umar Akmal, Shakeel Ansar, Shahid Afridi, Yasir Arafat, Umer Gul, SohailTanveer, Saeed Ajmal, Raza Hassan, Haris Sohail, Muhammad Sami, Hammad Azam and Nasir Jamshed.
