The Belgian - just the fifth foreign manager in the Light Blues history - took over the hot seat in November last year and has led an impressive revival following an extremely sluggish start to the season.
He has got Rangers back in a position to challenge for silverware, with Celtic currently three points ahead with only five post-split fixtures left to play. A Scottish Cup semi-final clash with Hearts at Hampden Park will provide a welcome distraction from league duties this weekend.
As Clement bids to clean up the mess left behind previous boss Michael Beale following a controversial squad overhaul last summer, the ex-Monaco head coach will be hoping to bring the glory days back to Ibrox.
With that in mind we take a look at the last 16 Rangers managers and how there careers have fared since leaving Glasgow.
He has got Rangers back in a position to challenge for silverware, with Celtic currently three points ahead with only five post-split fixtures left to play. A Scottish Cup semi-final clash with Hearts at Hampden Park will provide a welcome distraction from league duties this weekend.
13. Ian Durrant (Caretaker manager) - Kilwinning Rangers first-team coach
A popular member of Rangers nine-in-a-row squad, Durrant was involved with Rangers reserves and under-19s coaching set-up in 2005 and was placed in caretaker charge following Paul Le Guen's resignation. His first job was to immediately reinstate Barry Ferguson as club captain. Kept on as a coach under Walter Smith and Ally McCoist before being demoted to a position with the under-20s. Has since spent time coaching in the lower leagues with Dumbarton, East Kilbride and currently West of Scotland side Kilwinning Rangers.
14. Paul Le Guen - Singapore national team technical director
The foul-mouthed Frenchman became the first Catholic to manage Rangers. He got off to a poor start, winning only two of his first ten league games. Famously stripped Barry Ferguson of the captain's armband and reportedly clashed with several players. Left by mutual consent just 10 months into his three-year deal, with disappointing domestic results behind the decision. Served as first-team coach at PSG and then struck out on his own again, managing Cameroon, Oman, Turkish top-flight side Bursaspor and French second tier outfit Le Harve.
15. Alex McLeish - Currently without a club
Despite spending the vast majority of his playing career with Aberdeen, McLeish has always had a close affinity to Rangers and was recommended to then club chairman David Murray by outgoing manager Dick Advocaat. Guided the club to two league titles and five cup victories in five years during a period of financial struggle. Went on to manage the Scotland national team on two separate occasions, while also taking to the dugout at Birmingham City, Aston Villa, Nottingham Forest, KRC Genk in Belgium and Zamalek in Egypt. Hasn't been involved in coaching for several years.
16. Dick Advocaat - Curaçao national team manager
A man of many clubs, the well-travelled Dutchman arrived at Ibrox in 1998 from PSV Eindhoven, becoming the club's first ever foreign manager in the process. Given the financial backing by chairman David Murray to invest heavily in the squad, signings the likes of Giovanni Van Bronckhorst, Arthur Numan, Andrei Kanchelskis and Norwegian striker Tor Andre Flo for a club record £12million. Lifted two league titles, two Scottish Cups and two League Cups but his three-year reign came under scrutiny when Rangers entered administration. Has spent a lot of time coaching back in his homeland ever since, but is currently head coach of the Cuarcao national team in the Caribbean.
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