The 44-year-old had been widely tipped for the role following his impressive displays throughout the tournament.
Owens, who was named “Gay sports personality of the year” in 2007 shortly after coming out, has won admirers on and off the pitch for his light touch and humour, as well as his rapport with the players.
“This is a huge honour and a privilege for me,” Owens said on Monday ahead of what will be his 68th test.
“I am humbled to have been chosen. This is my third World Cup and I think it has been the best. It has been inspirational. The quality of rugby on display has been incredible in front of packed venues and so to be given the opportunity to referee the final match between the best two teams in the tournament is an amazing honour.
