The former Barcelona coach said he was ready to accept the challenge of coaching a team that has just played an outstanding season under Jupp Heynckes, winning the domestic league and Cup double and topping it off with the Champions League title.
'I must accept the comparison,' Guardiola, dressed in a dapper three-piece grey suit and burgundy tie and speaking in German throughout, told an overflowing news conference at the club's Allianz Arena.
Pressure? Pep Guardiola has just taken over at European champions Bayern Munich
Guardiola, who won 14 trophies in four years at Barcelona, is Bayern's biggest signing for the coming season as they eye more silverware. He took a year out after leaving the Spanish club in 2012, spending most of his time in New York.
'What I feel now is a gift, a blessing to be here to be with Bayern and the very thought about me as the coach is a gift,' added the Spaniard who has signed a three-year contract.
Grand entrance: There are fewer bigger stages than Bayern
Glamour: And the Spaniard insists he's comfortable with the pressure
Corridors of power: The manager has inherited one of the strongest squads in the world
Confident: And he needs to be - Guardiola has big shoes to fill
Grand gathering: Many were present to witness Guardiola's unveiling as Bayern boss
Fabulous four: Guardiola was joined by Matthias Sammer, Karl-Heinz Rummenigge and Uli Hoeness
'Sometimes you take over a team on the way down... like in my first year as professional coach,' said Guardiola, flanked by club bosses Uli Hoeness, CEO Karl-Heinz Rummenigge and sports director Matthias Sammer.
'This situation is completely different. It is a good thing it is different. I take over a team that played exceptionally in the last season. They won three titles. This is the situation. When you are Bayern coach you always have pressure to play well.'
Welcome, Pep! The manager already looks comfortable in his surroundings
Dressed to impress: The manager is among the most stylish in the game
Big reputation: Guardiola's success at Barcelona means many have high hopes for him in Germany
Intimidating dressing room? Not for someone like Guardiola