While my recommendation is to take advantage of the automation available from Doality.com specifically Picture Manager for Excel
The following vba code should meet your criteria. Good Luck!
Add a Button Control to your Excel Workbook and then double click on the button in order to get to the VBA Code -->
Sub Button1_Click()
Dim filePathCell As Range
Dim imageLocationCell As Range
Dim filePath As String
Set filePathCell = Application.InputBox(Prompt:= _
"Please select the cell that contains the reference path to your image file", _
Title:="Specify File Path", Type:=8)
Set imageLocationCell = Application.InputBox(Prompt:= _
"Please select the cell where you would like your image to be inserted.", _
Title:="Image Cell", Type:=8)
If filePathCell Is Nothing Then
MsgBox ("Please make a selection for file path")
Exit Sub
Else
If filePathCell.Cells.Count > 1 Then
MsgBox ("Please select only a single cell that contains the file location")
Exit Sub
Else
filePath = Cells(filePathCell.Row, filePathCell.Column).Value
End If
End If
If imageLocationCell Is Nothing Then
MsgBox ("Please make a selection for image location")
Exit Sub
Else
If imageLocationCell.Cells.Count > 1 Then
MsgBox ("Please select only a single cell where you want the image to be populated")
Exit Sub
Else
InsertPic filePath, imageLocationCell
Exit Sub
End If
End If
End Sub
Then create your Insert Method as follows:
Private Sub InsertPic(filePath As String, ByVal insertCell As Range)
Dim xlShapes As Shapes
Dim xlPic As Shape
Dim xlWorksheet As Worksheet
If IsEmpty(filePath) Or Len(Dir(filePath)) = 0 Then
MsgBox ("File Path invalid")
Exit Sub
End If
Set xlWorksheet = ActiveSheet
Set xlPic = xlWorksheet.Shapes.AddPicture(filePath, msoFalse, msoCTrue, insertCell.top, insertCell.left, insertCell.width, insertCell.height)
xlPic.LockAspectRatio = msoCTrue
End Sub