Former Brentford boss has been appointed as the new manager of Rangers, alongside assistant David Weir.
The 52 year-old becomes the first Englishman to manage the club, and he will bring with him former Rangers captain Weir with him, who worked under him at Brentford.
Warburton previously manager the Bees from League One to the Championship play-offs this season just gone, where they were defeated by Middlesbrough in the play-offs, and he departed Griffin Park seeking a new challenge.
Before his two year stint as a manager, Mark held the positions of first team coach and sporting director at Brentford having previously worked with a number of different youth teams at Watford.
As a player, Mark was a youth under Ibrox icon Jock Wallace at Leicester City in the late 1970s, before playing non-league football with Enfield and Boreham Wood.
Between ending his playing career and taking up a coaching role, he worked as a foreign exchange trader.
Assistant David Weir meanwhile returns to Ibrox three and a half years after leaving.
At Rangers, he won three league titles two Scottish Cups and three League Cups, with two, one and two coming as captain respectively.
Initially signed on a short-term deal when Walter Smith returned to Rangers in January 2007, Weir ended up staying for five years, and he played a key role in Gers incredible run to the UEFA Cup Final in 2008.
He left Rangers in January 2012 for Everton, where he was a player/coach of the Toffee’s reserve side before getting his first break in management at Sheffield United in the summer of 2013.
That was to end in disappointment for him however, and he left Brammall Lane in October of that year, but two months later he was back in football as he joined Warburton at Brentford.
The Rangers Board also expressed its gratitude to former management team Stuart McCall and Kenny Black for their contribution to the Club 'in very difficult circumstances.'
Rangers will be looking to gain promotion back to the SPL at the second attempt having been beaten in the play-offs this season.