The 66-year-old socialist, who was elected leader of Britain's main opposition on Saturday, appointed his key ally John McDonnell as shadow chancellor yesterday as several senior figures who served under Ed Miliband either refused positions or were not offered jobs - including Chuka Umunna.
Andy Burnham, who came second in the Labour leadership contest, is its new shadow home secretary and replaces fellow defeated contender Yvette Cooper in the role.
Corbyn's decision to hand the home affairs, foreign affairs and Treasury briefs to men has proved controversial.
One Labour MP said it made her "very sad".
Labour's new deputy leader is also a man, Tom Watson.
He replaced Harriet Harman when he was elected by party members on Saturday.
However, several women have been handed key positions and Corbyn's shadow cabinet is expected to be a female-majority when it is complete.
In recent days, it had been suggested Eagle would be made shadow chancellor. Instead, she has been made shadow business secretary.
Eagle's additional appointment as shadow first secretary of state means she will face George Osborne at prime minister's questions when either David Cameron or Corbyn are away.
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