Speaking of the announcement, Hibs Chairman Ken Lewandowski said: "Everyone we have spoken to about Tony has given us glowing references on his abilities as a coach, about his philosophy on football, and about his character and integrity.
One phrase kept shining through - Tony is a leader. He has five years of coaching experience at a major English club - some of that time in the Premiership and in a UEFA Cup campaign.
Mowbray Named New Hibs Boss
"He has a commitment to the development of young players, and helped bring through many talented players at Ipswich. As a player he spent his career at three big clubs, and competed at a high level with distinction, captaining those clubs.
"He has impressed us with his determination to succeed at Hibernian, with his commitment to improving standards on and off the pitch for our footballers. We are sure this appointment will be a happy and successful one both for Tony and for the club."