Tiger Woods has agreed to join the PGA Tour's policy board as a sixth player director, the U.S.-based circuit said on Tuesday, in a bid to restore players' trust in leadership following the deal it announced in June with Saudi Arabia's Public Investment Fund.

The move, which is part of new governance and transparency measures announced by the Tour that promises to give players more say in future decisions, will see 15-time major champion Woods join Patrick Cantlay, Charley Hoffman, Peter Malnati, Rory McIlroy and Webb Simpson on the board.

"Tiger's voice and leadership throughout his career have contributed immeasurably to the success of the PGA Tour, and to apply both to our governance and go-forward plan at this crucial time is even more welcomed and impactful," PGA Tour Commissioner Jay Monahan said.