Paul Clement became Premier League bottom side Swansea's third manager this season when he was appointed on Tuesday.
Sources had told ESPN FC in recent days that Clement, who had previously worked as Carlo Ancelotti's assistant at Chelsea, Paris Saint-Germain and Real Madrid, was the front-runner to replace Bob Bradley at the Liberty Stadium.
On the appointment, Swansea chairman Huw Jenkins said: 'We are delighted with the appointment of Paul Clement as our new head coach.
The Derby Telegraph had already reported how Clement, who left the Rams in February and is now assistant manager at Bayern Munich, has odds of 11/8 with bookmakers Sky Bet.
In four of their next six Premier League fixtures Swansea host Arsenal and travel to Liverpool, Manchester City and Chelsea, rendering the other two matches, against Southampton and Leicester at home, must-win.
Clement emerged as the favorite to succeed Bradley after Swansea's top target Chris Coleman, the Wales manager, chose to close the door on making an emotional return to his hometown club.
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This will be Clement's second managerial role in the past 18 months, though he will be hoping that it goes better than the first.
"Clement will be at tonight's Premier League clash with Crystal Palace, although first team coach Alan Curtis is set to take charge of team selection at Selhurst Park".
"Swansea City's strength over many years had been the quality of the football coached on the training field".
"Everyone connected to the club is fully behind the appointment and we see this a typical Swansea City choice".
Clement was joined by two new assistant coaches, Nigel Gibbs and Karl Halabi.