Diego Maradona is regarded by many as one of the greatest footballers of all time. Having had his contract terminated by UAE second division side Al-Fujairah, it was quickly reported - and then denied - that El Diego had been reinstated days later.
Confirming the appointment on social media, Brest tweeted: "Yes, Diego is with us".
The club, eighth in this season's Belarusian Premier League, have given him a contract through to 2021.
Maradona has signed a three-year deal with Brest and is tasked with "dealing with strategic development of the club".
Argentine football legend Diego Maradona has been appointed as chairman of obscure Belarusian club Dinamo Brest.
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I'm fully aware he hasn't played a red-ball game since the back-end of last season and our eyes are wide open. James Vince has not been included in the 12-man squad following his disappointing Ashes series.
With Fujairah he left the club after failing to secure promotion to the UAE's top flight in April.
"Thanks for the trust and for thinking of me", he added.
Argentine legend Maradona, a former World Cup victor recognised as one of the all-time greats, last month stepped down as coach of United Arab Emirates second division club Al-Fujairah.
The Argentinean will come to work with the club right after the end of the FIFA World Cup in Russian Federation.