The news was confirmed in a press conference in Pietermaritzburg this afternoon.
"Clinton Larsen is officially unveiled here as the new head coach of Maritzburg United," the club tweeted.
However, the former Manning Rangers and Orlando Pirates midfielder will now be leading the Team of Choice this season.
His predecessor at Maritzburg, Ernst Middendorp, has become his successor at Celtic.
Manqoba Mngqithi, who was also linked to the Maritzburg job, is still without a job offer after stepping down at Golden Arrows.