Moshiach Has Been Appointed

The appointment of Dovid King Moshiach has already occurred, as is written "I have found my servant Dovid, I have annointed him with Holy oil" (Tehillim 89:21), and there needs only to be the acceptance of his kingship by the people and the connection between the king and the people in complete revelation.

Talk of the Lubavitcher Rebbe, Mishpatim 5751 (1991)