We should also first figure out how we're going to keep sociopaths from taking over the program.
Ensure the role doesn't allow much in the way of status, money, power or any other form of personal gain. Unfortunately that is hard to do given the possibility to gain the aforementioned goods via the opportunity to accept bribes.
The most obvious way to go about prevention would be to institute excessively redundant amounts of transparency.
I have just received a survey questionnaire regarding future directions in EU (European Union) research funding, and thought it would be interesting to see how LessWrong would answer the main question:
Imagine that EU funding is available for one ambitious, visionary project extending beyond 2020.