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Ancelotti said Superfly CR7 sliver US10 he is honoured to join Bayern and wished his friend Guardiola good luck for the rest of the season.
“I honestly wish FC Bayern Munich and my friend Pep Guardiola the best for the current season,” he said.
After a trophy-laden spell in Bavaria, 44 year-old Guardiola has elected to move on with Ancelotti agreeing a three-year that will run until the send of the 2018-2019 campaign.
Bayern chairman Karl-Heinz Rummenigge said: “We are grateful to Guardiola for everything he has given our club and hope that we will celebrate many successes together this season.
“With Ancelotti, he is again a very successful coach for Bayern. We look forward to working together.”
Rummenigge also told Bild that Ancelotti had agreed to sign a three-year contract with Bayern.
Guardiola replaced MercurialX U11 Jupp Superfly CR7 AG Heynckes at Bayern ahead of the 2013-2014 campaign and guided them Superfly CR7 Black US6.5 to the domestic double in his first season at the helm, as well as winning the Club World Cup and Uefa Super Cup.
He added a second Bundesliga title in 2014-2015, but Champions League success has evaded him so far at Bayern, going out in the semi-finals twice.
The former Barcelona coach can still win the treble with Bayern this season, with the Bavarians topping the Bundesliga table halfway through the season, having reached the round of 16 in the Champions League as well as making it to the DFB-Pokal quarter-finals.
Guardiola, who has been Superfly CR7 Gold US9.5 linked with clubs such as Manchester City, Manchester United and Chelsea, has yet to reveal where he will continue his coaching career.