Steven Davis declared himself "very honoured" after getting a call "out of the blue" to take charge of Rangers on an interim basis following the sacking of Michael Beale.
The 38-year-old Northern Irishman, who had two fruitful spells as a player at Ibrox, was invited by the Gers board on Sunday evening to take the reins until they appoint a new permanent boss.
Davis will be assisted by fellow former Rangers players Alex Rae and Steven Smith, as well as coach Brian Gilmour and goalkeeping coach Colin Stewart.
"I'm very honoured," he told Rangers TV on Monday. "The call came out of the blue a little bit. I wasn't expecting it but I'd just like to try and repay the trust the club have shown by putting me in this position.
"Obviously it's not a position we would like to be in, we're disappointed with where we're at at this moment in time but I'm really looking forward to the challenge.
"I'm delighted to get the opportunity. I believe in the group we've got. Things haven't gone the way we would have liked and we find ourselves in this situation but I'm sure with ourselves and the fans pushing in the same direction we can go on and get some good results."
Beale paid the price for a dismal start to the season, with Rangers third in the cinch Premiership - behind St Mirren - and seven points adrift of city rivals Celtic after three defeats in seven league matches.
In addition, they suffered a 7-3 aggregate defeat by PSV Eindhoven in the Champions League play-off round in August, with a raft of summer signings having failed to shine so far.
Davis and the rest of the interim coaching staff must rouse the team following Saturday's humiliating 3-1 defeat at home to Aberdeen as they prepare to head to Cyprus to face Aris Limassol in the Europa League on Thursday.
Rangers' next league match is away to second-placed St Mirren on Sunday before the international break brings a fortnight in which they can try to regroup and bed in a new manager.
Listen to the RTÉ Soccer podcast on Apple Podcasts, Spotify or wherever you get your podcasts.
We need your consent to load this rte-player contentWe use rte-player to manage extra content that can set cookies on your device and collect data about your activity. Please review their details and accept them to load the content.Manage Preferences
Watch Manchester United v Galatasaray in the Champions League on Tuesday from 7pm live on RTÉ2 and RTÉ Player, follow a live blog on RTÉ.ie/Sport and the RTÉ News app
Watch the Sports Direct FAI Cup semi-finals, Galway United v Bohemians (Saturday 2.30pm) and Cork City v St Patrick's Athletic (Sunday 2.30pm) on RTÉ One and RTÉ Player and follow a live blog on RTÉ.ie/Sport and the RTÉ News app
