Mr Collier is currently Director of Finance of the Management Executive for the National Health Service in Scotland.
Mr Patten said: 'From 1 April 1994 the Funding Agency will be responsible for providing an efficient and effective service to all self-governing (grant-maintained) schools.
It will also have responsibilities for the provision of secondary school places in many areas of the country. It will therefore be very important in the development of the self-governing school sector. As I announced yesterday, 1,000 schools in England have already voted for self-governing status.