Sarfraz Ahmed will take over leadership duties with immediate effect.
Ben Stokes was hit for four sixes in the final over the the ICC T20 World Cup 2016.
Waqar Younis's resignation comes a day after Shahid Afridi relinquished the T20 captaincy.
A second world title must lead to frank discussions with the West Indies Cricket Board.
Social media reacts after West Indies defeat England in final of the ICC T20 World Cup.
England and West Indies each bid for their second T20 crown at Eden Gardens.
England take on West Indies in the final of the ICC T20 World Cup 2016 in Kolkata.
IBTimes UK sports editor Nick Howson previews the clash between England and the West Indies in Kolkata.
Late replacement Simmons led a charmed life to blast 82 not out and win the game.
England take on West Indies in the final of the ICC T20 World Cup at Eden Gardens in Kolkata.
Lendl Simmons leads the Windies to a seven-wicket win over hosts India in Mumbai.
England thrashed New Zealand by seven wickets to reach the final on Sunday 3 April.
India take on West Indies in the second semi final of the ICC T20 World Cup 2016 at Mumbai.
Social media reacts after England defeat New Zealand in first semi-final of the ICC T20 World Cup 2016.
Jason Roy hits 78 from 44 balls as Eoin Morgan's side secure an impressive seven-wicket win in Delhi.
Manish Pandey and Ajinkya Rahane will fight for a spot in the Indian line-up against West Indies
India go into the semi-final clash against West Indies as the favourites
England lead New Zealand 8-4 in T20 Internationals. Find out how to watch live on TV, mobile and online.
Waqar Younis warns that cosmetic changes in domestic structure will not help in the long run.
IBTimes UK looks at the records broken in the T20 format after the end of the Super 10 stages.
England suffered a humiliating group stage exit in the ICC World Cup 2015.
Kevin Pietersen feels England's batting is just too strong.