The 54-year-old was sacked by Leicester owner Vichai Srivaddhanaprabha two years ago, but his son Aiyawat – Leicester's vice-chairman, and the chief executive of King Power International – has decided to re-hire him.
After taking a year out of football following his Foxes exit, Pearson became manager of Championship club Derby County, but was sacked after 14 games following a row with Rams owner Mel Morris.
But now he's back in football to take on his first job abroad, and can't wait to get started with Leuven – currently fourth in the eight-team First Division B.
Pearson said: "I'm delighted to be back in football, to be working with King Power again and to be applying my experiences to the development of a club in a really exciting position."
Head honcho Aiyawatt added: "Nigel is a manager of extremely high standards, whose knowledge of the game, man-management qualities and winning mentality will help to strengthen the OHL setup for many years to come."
It's good to see you back, Nige – especially if there are more references about flightless birds to come.
- FC Sion president attacks TV pundit on the touchline
- West Ham to auction match-worn shirts to raise money for Mexican earthquake victims
‘I received offers from Bolton and Newcastle, but they didn’t progress far. Then Leeds came in – I saw it as a chance to experience a new league and country’: How World Cup winner Roque Junior ended up at Leeds United
‘I don’t think Liverpool would look at Ollie Watkins, a striker isn’t a pressing issue for them – it’s Arsenal who need one’ Former Reds star explains why his old club don’t need an out-and-out forward this summer
