The 65-year-old Italian was sacked in February with the club in
a relegation battle.
He will receive a Panchina d’Oro (Golden Bench) award next
Ranieri was named coach of the year at the BBC Sports
Personality awards in December and also by Fifa in January.
The Italian FA, the FIGC, said: “During the ceremony a special
Golden Bench will be given to Claudio Ranieri, the protagonist
of the extraordinary journey by Leicester, with whom he won
the Premier League.”
The event takes place at Italy’s national training centre
Coverciano on Monday.