His one-year term will begin on October 1 after the present incumbent Doug Insole, who took charge in October last year, relinquishes office, according to BBC Sport.
Brearley famously captained England to victory in the 1981 Ashes, when he was credited with transforming the fortunes of the team's match-winner Ian Botham.
Brearley nicknamed as 'Plank' for his stupendous knowledge of the game and crisis management, led England in 31 Tests winning 17 while losing four and captained Middlesex to four County Championship titles between 1971 and 1982.
He was honoured with OBE in 1977.
After his retirement as a player, Brearley, now 65, wrote an acclaimed book ''The Art of Captaincy'' and has since become a leading psychoanalyst and psychotherapist.
He also writes regularly on cricket for The Observer and was critical of the appointment of Peter Moores as the new England coach.
''I question the manner and timing of his selection as England head coach. His selection smacks of favouritism.
''Installing him (Moores) permanently in the job at this stage risks putting him in too difficult a position,'' Brearley had said.