European Central Bank President Christine Lagarde has informed the Governing Council and European Council President António Costa that she will step down on 7 February 2027, with her successor to be appointed by the European Council following the nomination process outlined in Article 283 of the Treaty on the Functioning of the European Union.
ECB President Christine Lagarde to step down on 7 February 2027
European Central Bank President Christine Lagarde will leave her position on 7 February 2027, and the European Council will appoint her successor through the nomination process under Article 283 of the Treaty on the Functioning of the European Union.