Thierry Henry became a key player for Arsenal under manager Arsene Wenger (right). Henry, who began his professional football career with Monaco, will be joined by Arsenal's Under-18 head coach Kwame Ampadu at Stade Louis II.
I am very happy to come back to AS Monaco and extremely determined to meet the challenges ahead. I cannot wait to meet the players to start working together'.
His first game in charge for Monaco, who are now languishing in 18th place, will be a visit to Strasbourg in Ligue 1 next Saturday night, before a trip to Bruges in the Champions League four days later. He won seven trophies with the Gunners, among them two Premier Leagues, including the unbeaten 2003-04 side.
Vadim Vasilyev, Monaco's chief executive, added: 'His knowledge of football, his passion for the game, his high standards and his commitment to our colors make his nomination a reality.
Henry had worked alongside former Everton boss Roberto Martinez in the Belgium set-up, and helped the side to a third-placed finish at the World Cup in Russian Federation.
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Australian Prime Minister Scott Morrison says he has no plans to change laws that allow religious schools to reject gay students. Morrison said the proposals, which were not yet debated by Cabinet, would be considered "carefully and respectfully".