"It's going to be a tall task. There's a lot of talent around at Rowing New Zealand. Hopefully I'll bring 15-odd years of experience and all the things I've learned and picked up along the way. And hopefully can make something happen."
Last month, Bond admitted he wasn't happy about missing out on selection for the track cycling world championships in Poland.
He had shown record-breaking potential as a track cyclist after setting a national record in the individual pursuit at the recent national championships in Cambridge, where he eventually beat 2017 world champion Jordan Kerby in the final.
However, Bond's record time of 4 minutes and 12.436 seconds fell out of Cycling NZ's selection window of January 29, which meant it wasn't able to be considered for the world champs.
Cycling NZ decided against selecting anyone for the individual pursuit as it gives a priority to Olympic Games events.
Bond and Murray won gold in the pair at the London and Rio Olympics and were unbeaten in 69 elite events.
Bond admitted the Tokyo Olympics was a big factor in his decision.
"I guess I've been full gas going one thing to another, I hadn't really taken a chance to think this could be my last shot at the big dance. I'll be 34 year next and life gets busier and busier every year. Basically come down to what I'd want to have a go at."
Rowing New Zealand is currently holding its trials for the World Cup and world championships on Lake Karapiro.