Hockley played 118 ODIs and 19 Tests for New Zealand from 1979 to 2000. She was regarded among the best batters across two decades in the 1980s and 1990s and is considered a pioneer of the women's game. She is the only woman to win the New Zealand Cricketer-of-the-Year award, in 1998, 13 years before the Sir Richard Hadlee Medal was introduced.

"I feel honoured, personally, of course - but also thrilled that the country's outstanding women's cricketer of the year will be recognised on an annual and ongoing basis," Hockley said. "It's been wonderful to watch the progress of the women's game in New Zealand over the past five or six years and this is another very positive development.

"Women's cricket is going from strength to strength; the growth at all levels has been amazing.

"I'm looking forward to presenting this award to the inaugural recipient in March."

Hockley was the fourth woman to be inducted into the ICC Hall of Fame, in 2013, after Australia's Belinda Clark and England's Enid Bakewell and Rachael Heyhoe-Flint.

Hockley scored over 4000 ODI runs while averaging nearly 42, including four centuries. She was the first woman to cross 4000 ODI runs, and also the first to play 100 ODIs.