Mano Menezes has been confirmed as the new Brazil coach, replacing Dunga, whose contract was not renewed following Brazil's disappointing World Cup campaign.
The Corinthians manager was invited to coach the five-times world champions yesterday after Muricy Ramalho earlier snubbed an approach by the Confederation of Brazilian Football due to his commitments at Fluminense.
"Mano Menezes is the new coach of the Brazil national team," said the CBF. "By accepting the invitation of president Ricardo Teixeira last night, [he] will have the opportunity to register his name in the history of great winners if they achieve the feat that successive generations will not be able to witness: being six-times World Cup champions in Brazil.
"President Teixeira was satisfied with the way the conversation went, with the courage and the willingness shown by Mano Menezes to take on the great challenge, and with his commitment to carry out the changes the squad needs to succeed in the World Cup 2014.
"Even more important, according to Teixeira, was the desire shown by Menezes in arming the Brazil national team with a competitive style but which also has the 'face' of Brazilian football, which can be translated as lively football, marked by talent which the fans and members of the media are dreaming to see again."
Menezes, 48, will be unveiled on Monday at a press conference and will also reveal the squad for his first game in charge – a friendly against the United States on 10 August.
Their hopes of a sixth triumph ended at the quarter-final stage in South Africa as they let slip a 1-0 lead to suffer a shock 2-1 loss to the eventual runners-up Holland. Rebuilding for the next World Cup is the incoming coach's primary responsibility and Teixeira believes in Menezes they have the right man for the job.
The CBF president said: "He showed courage and also pride to have the opportunity that every coach in the world dreams of, which is to steer the Brazil national team. I am sure that he will accomplish great work by 2014.
"The Brazil national team, as the new coach said to me, will again have a significant presence of players who play for Brazilian clubs. Mano Menezes, undeniably, is the coach with the ability to conduct this process."
Menezes shot to prominence in 2005 by guiding Gremio into the Brazilian top flight before leading them to the final of the Copa Libertadores two years later. He took charge at Corinthians in late 2007, taking the club to promotion from Campeonato Brasileiro Série B before winning the Campeonato Paulista and Copa do Brasil last year.
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