Russell has not represented West Indies since last year's ICC T20 World Cup in Dubai, but the veteran could be in line for a quick return to international cricket at this year's 20-over tournament.
Molineux is a two-time ICC T20 World Cup winner and captained the Melbourne Renegades to the WBBL finals in her first campaign as captain last year. The move will see Meg Lanning take a step back in leadership within the Victorian squad.
Jones is confident in his team's ability, with the USA having displayed their capabilities with impressive performances during two warm-up match victories against Jersey at the start of this month.
Babar Azam's side will travel to New Zealand at the start of October for a minimum of four T20I matches in Christchurch ahead of their T20 World Cup opener against arch-rival India at the MCG on October 23.
Shikhar Dhawan has already played at two T20 World Cups for India in 2014 and 2016 and some good form at this year's IPL tournament had seen his name thrust back into the selection spotlight.