I can make Rangers fans happy - Steven Gerrard named Rangers manager
The former Liverpool midfielder, 37, replaces Graeme Murty, who was placed in interim charge following the October sacking of Pedro Caixinha.
"I am honoured to become the next manager of Rangers," Gerrard told Rangers' website.
"I have enormous respect for this football club, and its history and tradition. I can't wait to start this new journey at Rangers as we look to build on the many successes that this club has achieved."
The club says Gerrard's backroom staff "will be announced in due course".
And Gerrard confirmed that former Scotland skipper Gary McAllister would be his assistant at the Scottish Premiership club.
"It was a no-brainer for me," said Gerrard after being paraded.
"There were a lot of different things to think about but from that first phone call I got a special feeling and I knew that Rangers were for me.
"I'm very aware of Rangers, the size of the club, I've watched them from afar and been lucky enough to watch some of the Old Firm games.
"This opportunity doesn't come around all the time - clubs with this size, stature and history. I believe I can come in and make these fans happy."
Gerrard made 710 appearances and won nine trophies for Liverpool over 19 years and was capped 114 times by England. He captained the national team at three of the six major tournaments at which he played and was Reds skipper for almost 12 years.
He retired in 2016 after a spell with LA Galaxy and joined the youth set-up at Anfield after rejecting an offer to become manager of MK Dons.
Rangers chairman Dave King said: "From the very beginning, talks have been extremely positive and we believe that Steven is the right man to drive Rangers forward.
"He was extremely impressive throughout our negotiations and we are convinced that he has the necessary knowledge and temperament to lead the club to the success we all desire.
"This a special day for our club, our fans and for Steven."
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