This implies that Bacco's term of office has extended; this is not unjustifiable, of course, what with the Federation having suffered the worst disaster in recorded history in the Borg Invasion.
For what it's worth:
In STO: The Needs of the Many
it is established that the Saurian Aennik Okeg is elected president of the UFP in 2392, re-elected for a second term in 2398 and for a third term in 2405. He's still president as of 2409.
We love democracy; we love the Federation. Once this crisis has abated, we will lay down the powers you have given us!
(Sorry about that)
On a serious note, I wonder if Aennik Okeg will show up in the novel 'verse continuity? STO had a lot of homages to the novels, including Bacco as President, so I'd be interested to see if the novels reciprocate.