Chris Rock, who hosted the 77th Academy Awards in 2005, is all set to host the ceremony again next year on 28 February, 2016.
When ABC announced on 21 October that Chris would be hosting the 88th annual Academy Awards for the second time, he said that he is so glad to host the Oscars and it's great to be back.
The 50-year-old comedian-actor has been recently directing HBO's comedy show "Amy Schumer: Live at the Apollo." It would be his first venture on-screen after the movie "Top Five", which hit screens last year.
In an interview with Variety, producers of the ceremony David Hill and Reginald Hudin said that Chris will be one of the best hosts the ceremony has ever had.
"Chris Rock is truly the MVP of the entertainment industry. Comedian, actor, writer, producer, director, documentarian, he has done it all," they said.
Reggie has also worked with Chris on "everybody Hates Chris" and said he is going to be a phenomenal host.
"We share David and Reggie's excitement in welcoming Chris, whose comedic voice has really defined a generation. He is certain to bring his amazing array of talents to this year's show," BBC quoted Academy President Cheryl Boone Isaacs as saying.
Paul Lee, President of ABC Entertainment, also welcomed the decision and said that Chris is a "comedic powerhouse."
The most impressive statement came from Academy CEO Dawn Hudson who said that Chris doesn't know any fear and hence will be the most suitable to host the ceremony.
"Chris may be best known as a stand-up comic, but we think of him as a creative innovator in many other ways. He is unafraid in his artistry."
In an interview with Hollywood Life, Neil Patrick Harris, who hosted last year's Oscars, said: "I would say Kristin Wiig. It's a good combination of beautiful, hilarious and odd. I loved Andy Sandberg. I thought he did well with the Emmys, because there's this smile that he does where you can tell he's amused with his joke, regardless if it lands or not. He's got sort of that half smile that just makes me laugh regardless of its success."
Looking at Chris Rock's career, it seems he has got all the features as described by Neil, and hence, he is undoubtedly a great choice to host the Oscars.
