The former City and Chelsea midfielder returns to the Etihad Stadium on Saturday in the opposition dugout, as the Premier League Champions entertain the Londoners in a 5:30pm kick-off.
Lampard has inspired the Stamford Bridge outfit to an upturn in fortunes and Guardiola has been impressed with his counterpart’s instant influence.
“Chelsea for many years have been an incredibly top team,” he said. “From the beginning, his team have played really well.
“He is consistent in his ideas; the results are there. I’m happy for him.
“I don’t know him very well but a little but and I have good info of him here. He is an excellent person and playing the way they play is perfect for English football.
“I would say that when you know the Club, it’s a good advantage. Frank Lampard knows Chelsea perfectly – the fans, media, the players…
"You must be clear in what you want to do and at the big Clubs, you have top players."
Watch part one of Pep Guardiola’s City v Chelsea press conference in the video above…