Following the departure of Italian manager Andrea Stramaccioni earlier on Thursday, Panathinaikos announced the hiring of Marinos Ouzounidis as its new coach.
The Athens club stated the 48-year-old manager has signed a contract for a year-and-a-half, i.e. until the end of next season.
Ouzounidis is a former player of Panathinaikos as a central defender, forming part of the team that reached the semifinals of the Champions League in 1996.
His most recent job was at Panionios, until August 2016. He was dismissed by the Nea Smyrni team after holding talks with Olympiakos.
As a manager he has won a league title in Cyprus with APOEL Nicosia.