She is expected to take the head of the Davos Forum: Christine Lagarde will leave the presidency of the ECB on February 7, 2027, more than seven years after her appointment in Frankfurt
The President of the ECB will leave office almost nine months before the expiration of her mandate scheduled for the end of October.
It's now official. In a press release published this Thursday, the European Central Bank announced that its president Christine Lagarde will leave office on February 7, 2027, a few months before the end of her mandate scheduled for October. Christine Lagarde informed the Board of Governors of the monetary institute as well as the President of the European Council, António Costa, of her decision to leave her post in February, according to a press release.
His successor will be appointed by the European Council in accordance with the procedure provided for by the Treaties of the European Union. Speculation about a possible early departure of the Frenchwoman had been rife for several months. Christine Lagarde is in fact tipped to take the helm of the World Economic Forum in Davos, whose board of directors plans to meet on November 2 to elect its new boss.
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Machine-translated from French
Why it is marked verified
2 independent newsrooms report this story. BFM Business published it first, 13 min before the last one.
- BFM Business29 Oct, 11:12
- Euronews29 Oct, 11:25
| Publisher BFM Business (established tier) | +76 |
| Carried by 2 newsrooms | +5 |
| Total | 81 |
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