The panel was named a week ago by interim president Adly Mansour to draw up a revised constitution in the wake of the ouster by the army of former president Mohamed Morsi on July 3.
A disputed constitution drafted under Morsi was approved in a December 2012 referendum with only a 33-per cent turnout.
Today's election of Mussa, former Arab League secretary general and foreign minister under ousted president Hosni Mubarak, came during the panel's first session.
Mussa heads the National Salvation Front along with former UN nuclear watchdog chief Mohamed ElBaradei and leftist Hamdeen Sabbahi, who like Mussa ran against Morsi for the presidency last June.
The panel comprises 50 figures drawn from a wide array of political strands. However Morsi's Muslim Brotherhood has refused to take part.
The Islamists are represented by the Salafist party Al-Nour, which supported Morsi's July 3 ouster by the army. However the party's sole representative, Bassem al-Zarqa, was absent today.
During today's session three members were elected to serve as Mussa's deputies: former Brotherhood leader Kamel al-Helbawi, human rights activist Mona El-Zulfaqr and physician Magdy Yaqub.
Author Mohamed Salmawi was appointed as spokesman of the panel.
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