Luiz Felipe Scolari has been appointed manager of the Brazil national team for the second time in his career.
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The 64-year-old, affectionately referred to as 'Big Phil', was the people's favourite to succeed Mano Menezes, who was relieved of his duties last week.
Scolari, who led A Seleccao to World Cup glory in 2002, has been tasked with bringing a sixth World Cup to the South American giants on home soil in 2014.
"I feel more motivated, younger, I feel I'm capable," he said. "We have the obligation to win the title.
"We are not favourites at the moment but we intend to become favourites during the competition.
"Third or fourth place is no good for a country that has won five World Cups."
He will be assisted by Carlos Alberto Parreira, the man who guided Brazil to 1994 World Cup success.
Brazilian football chief Jose Maria Marin said: "Our sole commitment is to seek out and offer the best for our football.
"It is in this vein that we have chosen these two great champions, respected not just in our country but worldwide."
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