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It also marks the start of a transition period that will last till the end of this year.
Schwab is now 81 and remains very much in charge of an organisation that doesn't come cheap.
"I hope the commitments made today will contribute to a lasting solution to the Libya crisis," Guterres said.
The couple will no longer use the titles His Royal Highness and Her Royal Highness, but they are not being stripped of them.
Moscow and the European Union also issued statements criticising the sanctions.
The 40-year-old MP won her Wigan seat in the north-west of England.
Johnson is expected to carry out only a modest reshuffle of his cabinet in the coming days.
The COP25 talks in Madrid were viewed as a test of governments' collective will to heed the advice of science to cut greenhouse gas emissions.
With 650 seats in the lower House of Commons, the poll takes 326 as the magic number, predicting the Tories will win 339 seats.
Russia's foreign ministry immediately pledged "retaliatory measures", saying the accusations were "groundless and hostile".