As a result of Granit Xhaka being stripped of the skipper's armband, Aubameyang has now taken on extra responsibility both on and off the pitch.
Despite only being in the role for a number of weeks, the Gabon international has admitted that he is eager to display the same attributes as some of the club's legends.
In Arsenal's official matchday programme, the forward said: "Arsenal has a great history of wonderful captains like Patrick Vieira and Tony Adams.
"It is a privilege to follow in their footsteps and I will honour the armband by doing my very best on and off the pitch.
"When I was younger, I remember always wanting to be captain in my youth teams. I was talking about it with my mum just the other day actually. We were laughing because we recalled how I used to buy armbands myself so I could wear them."
While Aubameyang has established himself as a leader in the dressing room, reports have suggested that the 30-year-old is currently unwilling to pen a new contract.