"It is a huge honour to once again captain DD. To get this responsibility is a way for me to give back to the sport in the city. I firmly believe that with the players currently involved we have the makings of a very good side," Gambhir said.
In between the two stints in his native, the 36-year-old left-handed batsman led Kolkata Knight Riders to two IPL triumphs during a hugely successful tenure.
The southpaw was picked by the Delhi outfit for Rs 2.8 crore, and till now has scored 4,132 runs from 148 matches in his IPL career.
Speaking about the appointment, head coach Ponting said: "Gauti has been a leader for a very long time. He has always proven himself to be one of the top leaders during his stint with other sides in the IPL."
Daredevils chief executive Hemant Dua made the announcement about the former India opener's appointment and also present on the occasion were teammates Naman Ojha and Manjot Kalra.
"I had maintained post the auction that Gauti (Gambhir) has unfinished business with the franchise. He was the second highest scorer during the last IPL. But above all, he is a leader, so this appointment was an easy choice. Both Ricky (Ponting) and Gauti have spoken to each other. I am glad that they are both on the same page," Dua said.
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