The fashion house made the announcement Friday stating the model was "chosen for her natural beauty and modern femininity."
Additionally, the Brazilian bombshell is set to star in commercials for the brand's cosmetic line. Bundchen shared a photo of her ad for the brand Les Beiges by Chanel on Monday.
Bündchen is joining the likes of Nicole Kidman, Brad Pitt, and Marilyn Monroe who have also served as spokespersons for Chanel.
Notable deaths of 2014 [PHOTOS]
Say bye bye to Honey Boo Boo