Former England, Leicester City and Arsenal striker Smith has returned to become club patron as Alvechurch look to raise their profile on and off the pitch.
Club secretary Stephen Denny said: "After former club patron Roy Yardley died in May 2011, the board decided not to re-appoint anyone to the vacant position as a mark of respect for Roy.
"However, after eighteen months without a club patron, I proposed we approach Alan to see if he would be interested in the position.
"I know Roy would fully support and welcome Alan as his successor and the club are delighted and honoured that Alan has accepted the role of club patron at his former club.
"The role is primarily one as a figurehead for the club but, depending on Alan's commitments, we are hoping he can attend major club functions and events and the club can benefit from using his name to support any commercial opportunities that may arise in future."
Sky Sports pundit Smith added: "I was delighted to accept the role. The club will always be in my heart because I enjoyed some very happy times there and, as an 18-year-old, I learned a lot about senior football.
"They gave me my start and, for that, I shall always be grateful."
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