VH1 announced Thursday that Banks will return to the reality show next season. Production is set to begin this summer.
Banks created “America’s Next Top Model” in 2003 and served as both executive producer and host until last year, when Ora was named the new host.
Fellow executive producer Ken Mok said Thursday that Banks’ absence was “deeply felt” by the show’s fans.
Banks said they inspired her to “have a change of heart” and return as host.
Banks is also the new face of “America’s Got Talent.”